3140 N BROAD ST, Philadelphia, PA 19132
3140 N BROAD ST, Philadelphia, PA 19132
3140 N BROAD ST, Philadelphia, PA 19132
3140 N BROAD ST, Philadelphia, PA 19132
3140 N BROAD ST, Philadelphia, PA 19132
3140 N BROAD ST, Philadelphia, PA 19132
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Listed by Fisayo Oluleye • Keller Williams Liberty Place
$ 425,000
Est. payment | /mo

3,683 SqFt


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$ 425,000
Est. payment | /mo
Save

3,683 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,683 sqft

Price per Sqft $115

MLS Listing ID PAPH2565036

Style Other

Abv Grd Liv Area 3,683

Year Built 1915

Available Date 2025-12-26

Annual Tax Amount $7,437

Tax Year 2025

Lot Size 1,658 Sqft

Acres 0.04

Lot Dimensions 18.00 x 93.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Income-producing, fully occupied mixed-use asset located on the North Broad Street corridor, steps from Temple University's Medical Campus. This legally zoned CMX-3 property consists of 1 ground-floor commercial unit and 5 residential apartments (17 total beds) and is stabilized with a documented rent roll and long-term tenancy.

The property generates $5,365/month ($64,380/year) in gross scheduled rent and has benefited from $150,000+ in recent renovations, allowing a new owner to step into immediate cash flow with limited near-term capital requirements.

The commercial unit is occupied by a hair salon/barber with a lease in place through February 2026, providing street-level activation and diversified income. The residential units consist of a mix of 1BR and 2BR layouts, all currently leased, with expirations staggered through 2026, supporting ongoing income stability and organic rent growth.

Tenants pay heat and hot water, keeping operating expenses efficient; landlord responsibilities are primarily limited to water and trash.

Situated in a high-demand rental corridor with heavy foot traffic, strong transit access, and proximity to Roosevelt Blvd, I-76, and I-95, the location benefits from consistent residential demand and continued neighborhood investment along North Broad Street.

Investment Highlights

6 Units: 1 Commercial + 5 Residential

17 Total Beds

CMX-3 Zoning

$64,380 Gross Scheduled Income

$150,000+ in Recent Capital Improvements

Efficient Utility Structure

Steps from Temple Medical Campus

Stabilized Cash Flow with Upside

Offered as a stabilized mixed-use investment with immediate income and long-term appreciation potential in a rapidly improving corridor.

Contact for full financials, rent roll, and private tour.

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning CMX3

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Flat,Rubber

Accessibility 2+ Access Exits

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 3683

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881064005

Ownership Fee Simple

SqFt Source 3683

Acceptable Financing Cash, Private, Conventional

Listing Terms Cash, Private, Conventional

Financing Cash,Private,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Kelly & Carl Robinson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 500-3253

info@carellyrealty.com

549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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3140 N BROAD ST