2207 N Broad St - Multi-Family FOR SALE


Philadelphia, PA 19132- Avenue Of The Arts North
$2,500,000 USD
610-520-0100
2207 N Broad St, Philadelphia, PA for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

2207 N Broad St
Philadelphia, PA 19132
Avenue Of The Arts North


OVERVIEW

Amazing investment opportunity. This recently constructed, fully occupied 11-unit mixed-use property, built in 2022, is situated in the highly sought-after neighborhood of Philadelphia. Just a short walk from the main campus of Temple University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes a ten-year tax abatement. The unit mix includes one (1) studio unit, one (1) one-bedroom unit, two (2) two-bedroom units and six (6) three-bedroom, two-bathroom units plus a ground-floor commercial unit. Don’t miss this rare opportunity to own a high-performing mixed-use property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

11

PRICE/UNIT

$227,273

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,180 SF

ZONING

CMX2.5

APN/PARCEL ID

881000756

ASK ABOUT THIS PROPERTY

McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

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McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.