1438 N Broad Street Philadelphia, PA $ 3,300,000
1438 N Broad Street
$ 3,300,000
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1438 N Broad Street

Philadelphia, PA, 19121
$ 3,300,000
Baths0.0 Sq 14,000

Monthly Estimate*

$ 21,933

1438 N Broad Street, Philadelphia, PA 19121 - Image 1
1438 N Broad Street, Philadelphia, PA 19121 - Image 2
1438 N Broad Street, Philadelphia, PA 19121 - Image 3
1438 N Broad Street, Philadelphia, PA 19121 - Image 4
1438 N Broad Street, Philadelphia, PA 19121 - Image 5
Studio

Commercial Property for sale in Philadelphia, PA

for $3,300,000. This 14,000 square foot building was built in 1912 on a lot size of 0.27.

In the market for a great investment property? Look no further. This turn key property is a student housing building situated on Temple University's campus, comprising 15 units with a total of 53 beds. Current housing occupancy rate is over 75%. Originally built in 1912, the 21,205-square-foot building underwent a complete renovation in 2019 and is currently occupied by the Kappa Delta Rho fraternity. The building boasts a combination of timeless architecture and contemporary systems and amenities. Security doors, access control intercom system and security cameras are in place and operational. The building has on-site laundry facilities. Located on Temple University's campus and along Philadelphia's iconic Broad Street, approximately two miles from Center City, this property is highly desirable and offers great long-term appreciation potential. Qualified investors can take advantage of this opportunity to acquire real estate in an irreplaceable location that showcases exceptional craftsmanship and timeless architecture, while also providing all the modern amenities that today's market demands. Further information available upon request.

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Commercial Active

Price

$ 3,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,011

Style

Apartment Building

Lot Size

0.27

Year Built

1912

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2232702

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Private Sewer
Heating Forced Air
Cooling None
Possession Subject to Existing Lease
Zoning CMX4
Construction Materials Masonry
Year Built 1912
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name TEMPLE UNIVERSITY
Possible Use Apartments
Water Access Y/N N
Status ACTIVE
Directions On N Broad St between W Master Ave and W Oxford St.
City PHILADELPHIA
Buyer Agent Compensation 2
Total Units 3
MLS Area 19121 (19121)
Lot Size Square Feet 11689.00
Waterfront Y/N N
Street Name BROAD
Tax Annual Amount 8011.0
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 359
Standard Status Active
Year Built Source Assessor
Tax Lot 146
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 50.00 x 200.00
Lot Size Acres 0.27
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 324300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1438
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* Excluded Features
List By
Century 21 Advantage Gold-Southampton

Broker

bill.lublin@c21ag.com

Email

Affordability Calculator

$22,600
Per Month
97%
3%
0%
Monthly Principal & Interest
$21,933
Monthly Property Taxes
$668
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$3,300,000 -10.81% Price Down
11/28/2023$3,700,000 -6.33% Price Down
5/5/2023$3,950,000 Listed Price

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1438 N Broad Street, Philadelphia, PA, 19121 is a Commercial Property for sale at $3,300,000 with 14,000 sqft and a lot size of 0.27. 1438 N Broad Street is a studio with 0.0 baths and was built in 1912. The property's zip code is 19121 which is in Philadelphia, PA