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2428 S Broad St

3 Unit Apartment Building $729,900 ($243,300/Unit) Philadelphia, PA 19145

Executive Summary

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.

Property Facts

Price $729,900
Price Per Unit $243,300
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.06 AC
Building Size 3,042 SF
No. Stories 3
Year Built 1920

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 871534930
  • 871123000
Land Assessment
$206,040
Improvements Assessment
$824,160
Total Assessment
$1,030,200

zoning

Zoning Code CMX2
CMX2
  • Listing ID: 33485120

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 2428 S Broad St, Philadelphia, PA 19145

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