3140 N Broad St, Philadelphia, PA 19132
Local realty services provided by:CENTURY 21 Mertz & Associates
3140 N Broad St,Philadelphia, PA 19132
$425,000
- 8 Beds
- - Baths
- 3,683 sq. ft.
- Multi-family
- Active
Listed by: olufisayo oluleye
Office: keller williams liberty place
MLS#:PAPH2565036
Source:BRIGHTMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$115.4
About this home
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.
Contact an agent
Home facts
- Year built:1915
- Listing ID #:PAPH2565036
- Added:25 day(s) ago
- Updated:January 14, 2026 at 03:14 PM
Rooms and interior
- Bedrooms:8
- Living area:3,683 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Flat, Rubber
- Year built:1915
- Building area:3,683 sq. ft.
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$115.4
- Tax amount:$7,437 (2025)
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