$425,000

3140 N BROAD ST, Philadelphia, PA 19132

  • 3,683 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
December 26, 2025
Data Last Updated:
February 6, 2026 at 5:18PM
Listing Office:
Keller Williams Liberty Place : 6093995454
Listing Agent:
Olufisayo Oluleye : 2154846785
MLS ID:
PAPH2565036
  • A/C: None
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: 2+ Access Exits
  • General: Above GradeBelow Grade
  • Style: Other
  • Roofing: FlatRubber
  • General: MasonryStone
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: CMX3881064005
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Negotiable.

Presented by Veterans United Realty

This listing courtesy of Olufisayo Oluleye , Keller Williams Liberty Place

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kenderton Elementary School

1500 W Ontario St, Philadelphia, PA, 19140

Grades KG-8

0.28 miles away

K

Kenderton Elementary School

1500 W Ontario St, Philadelphia, PA, 19140

Grades KG-8

0.28 miles away

D

Dobbins Avt High School

2150 W Lehigh Ave, Philadelphia, PA, 19132

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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