UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $124
Subdivision Fern Rock
MLS Listing ID PAPH2487572
Style Traditional
Abv Grd Liv Area 3,012
Year Built 1930
Annual Tax Amount $3,318
Tax Year 2024
Lot Size 2,200 Sqft
Acres 0.05
Lot Dimensions 22.00 x 100.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to 4623 N. Broad Street, a well-maintained and fully rented 5-unit multifamily property offering strong, consistent cash flow in a convenient location. This certified lead-safe building grosses $4,290/month across five units, making it an excellent addition to any investor's portfolio.
Breakdown of rental income:
• Unit 1: $905/month
• Unit 2: $845/month
• Unit 3 (Studio): $675/month
• Unit 4: $920/month
• Unit 5 (2-Bedroom): $945/month
Each unit has been thoughtfully maintained, and the property benefits from a history of stable tenancy. Located along the vibrant Broad Street corridor, tenants enjoy easy access to public transportation, local shops, and major employers. Featuring a shared laundry room for tenant convenience.
Being sold as a package deal with 4621 N Broad St. total price for the package is $750,000. With the total rent roll for both being $8,409. This is a turn-key investment with solid returns and minimal headaches. Owner is a licensed real estate agent.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RTA1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
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 The School District Of Philadelphia
Others
Tax ID 491542000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=ymmbBKtFfj2
