3140 N Broad St

Philadelphia, PA 19132
  • $425,000

    Price
  • 8

    Bed
  • 0

    Bath
  • 3,683

    SqFt

About the Listing KWRLTYLP1 - 3333047

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 Highlights

Status Active
Days on Site 46
Property Type Multi-Family
MLS ® PAPH2565036
Year Built 1915
Total Square Footage 3,683
Lot/Acreage 0.04

Interior Details

  • Bedrooms: 8
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3683
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 18.00 x 93.00
  • Zoning: CMX3
  • Roof: Flat,Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $7,437
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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3140 N Broad St Philadelphia, PA 19132

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Originating MLS: BRIGHT_MAIN

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