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Listed by Eugene Zlotnikov • Acquisition Team LLC
$ 1,450,000
Est. payment | /mo
2,000 Sqft Lot
$ 1,450,000
Est. payment | /mo
2,000 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2577234
Year Built 2015
Annual Tax Amount $16,450
Tax Year 2026
Lot Size 2,000 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
826 N Broad Street presents a rare opportunity to acquire a boutique luxury mixed-use asset in one of Philadelphia's most prestigious and consistently appreciating zip codes (19130). The property features four high-end residential apartments and a prime ground-floor commercial storefront along North Broad Street, offering diversified income in a highly desirable urban corridor.
The residential component includes two expansive bi-level units with private rooftop terraces, providing flexibility for investors seeking an owner-occupant option while offsetting ownership costs through income from the remaining units and commercial space. Notably, single-family homes in this zip code frequently trade above the asking price of the entire building, highlighting the strength of the underlying value.
Zoned CMX-4, the property allows short-term rentals by right, a rare advantage in Philadelphia. Two units are currently leased to a professional short-term rental operator under a multi-year lease with built-in rent escalations, delivering stable, predictable cash flow. Additional highlights include a private elevator, an uncommon amenity for a building of this size that enhances tenant appeal and long-term value.
This asset is well-suited as a portfolio starter or strategic addition for mid-level investors seeking a low-risk, naturally appreciating investment with multiple exit strategies in a prime location.
The residential component includes two expansive bi-level units with private rooftop terraces, providing flexibility for investors seeking an owner-occupant option while offsetting ownership costs through income from the remaining units and commercial space. Notably, single-family homes in this zip code frequently trade above the asking price of the entire building, highlighting the strength of the underlying value.
Zoned CMX-4, the property allows short-term rentals by right, a rare advantage in Philadelphia. Two units are currently leased to a professional short-term rental operator under a multi-year lease with built-in rent escalations, delivering stable, predictable cash flow. Additional highlights include a private elevator, an uncommon amenity for a building of this size that enhances tenant appeal and long-term value.
This asset is well-suited as a portfolio starter or strategic addition for mid-level investors seeking a low-risk, naturally appreciating investment with multiple exit strategies in a prime location.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning CMX4
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871520570
Ownership Fee Simple
Special Listing Condition Standard

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