Login

2243 N Broad St, Philadelphia, PA 19132

Philadelphia
Local realty services provided by:CENTURY 21 Mertz & Associates
2243 N Broad St,Philadelphia, PA 19132
$1,970,000
  • 10 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric andrew dvotsky, maxim sirotovsky
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2667558
Source:BRIGHTMLS

Price summary

  • Price:$1,970,000

About this home

Philly CRE is pleased to present a premier investment opportunity: a fully occupied, 11-unit mixed-use property built in 2023, ideally located just steps from Temple University’s main campus. Already priced to sell, this asset offers immediate financing upside with a 1.28 DSCR and an exceptional 7.48% cap rate, a rare offering for new construction in today’s market. The property generates $184,860 in annual gross rental income, plus an additional $500 per month ($6,000 annually) in storage income, creating a diversified revenue stream and enhancing overall cash flow. Consistent rental demand is driven by its proximity to both Temple University and Temple University Hospital, attracting a reliable tenant base of students and healthcare professionals. All residential units are leased to PHA tenants with rents secured, providing predictable and low-risk income from day one. The unit mix includes one studio, eight one-bedroom units, and one two-bedroom unit, along with a ground-floor...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2023
  • Subdivision & Development:TEMPLE UNIVERSITY
  • Listing ID #:PAPH2667558
  • Added:15 day(s) ago
  • Updated:September 27, 2026 at 01:31 PM

Rooms and interior

  • Bedrooms:10
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:2023
  • Lot area:0.06 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,970,000
  • Tax amount:$1,408 (2025)

Parking

  • Parking description:On Street

New listings near 2243 N Broad St