UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $88
MLS Listing ID PAPH2513832
Style Traditional
Abv Grd Liv Area 3,660
Year Built 1935
Annual Tax Amount $4,524
Tax Year 2024
Lot Size 1,420 Sqft
Acres 0.03
Lot Dimensions 20.00 x 71.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Prime investment opportunity on the rapidly developing North Broad Street corridor! This mixed use quadruplex offers multiple income streams and serious upside. The property features a versatile first-floor commercial space, currently operating as an event venue, perfect for continued rental income or your own business venture.
Above the commercial space are 3 residential apartments, 2 occupied on month-to-month leases, providing immediate cash flow with the flexibility to reposition or increase rents and one vacant efficiency.
Bonus Income Alert: A billboard atop the property is included in the sale, generating an impressive $6,000 per year which is under-rented and can be increased—a rare and highly valuable passive income stream in a high-visibility location.
Surrounded by ongoing development and just steps from major transit, this property is perfectly positioned for both short-term returns and long-term appreciation.
Showings by appointment only. Don't miss this one.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning CMX25
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871226850
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
