2428 S Broad St - Apartments FOR SALE


Philadelphia, PA 19145- South Philadelphia West
$729,900 USD
215-607-6007
2428 S Broad St, Philadelphia, PA for Sale
$729,900 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

2428 S Broad St
Philadelphia, PA 19145
South Philadelphia West


OVERVIEW

This unique and very hard-to-find 3-unit CMX2 building is in impeccable condition. Located on one of the best blocks on South Broad Street, close to a bus stop and the subway stop, and down the street, you will find Starbucks, TD Bank, and Jefferson Methodist Hospital. The building has a LARGE STREET-LEVEL Doctor's Office on the ground floor with a basement. The entrance is street level, so there are many options for a business, or you can quickly rent it out ( NO STEPS). There are 3 LEGAL units- a Doctors' Office, a 2-bedroom apartment, and a significantly larger studio that can be converted into a 1 bedroom. The Doctors Office is owner-occupied, and the apartments are rented below market value. The apartments have central air, a washer and dryer, a dishwasher, and amazing light with windows on two sides. The location is excellent--close to Center City and the Stadiums. Priced to sell and truly a Great Value Add on Broad Street.

FOR SALE DETAILS

PRICE

$729,900 USD

PRICE/SF

$240 USD /SF

# OF UNITS

3

PRICE/UNIT

$243,300

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,511 SF

ZONING

CMX2

APN/PARCEL ID

871123000,871534930

ASK ABOUT THIS PROPERTY

Michael McCannKeller Williams EmpowerMore Info
215-607-6007

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Michael McCannKeller Williams EmpowerMore Info
215-607-6007

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