Philadelphia, PA 19140 4623 N Broad Street
$375,000
69 more
Presented By: KW Empower
Beds • 5
Home Details
Prime Investment Opportunity 5-Unit Multifamily on N. Broad St.
Welcome to 4623 N. Broad Street, a well-maintained and fully rented 5-unit multifamily property offering strong, consistent cash flow in a convenient location. This certified lead-safe building grosses $4,290/month across five units, making it an excellent addition to any investors portfolio.
Breakdown of rental income:
Unit 1: $905/month
Unit 2: $845/month
Unit 3 (Studio): $675/month
Unit 4: $920/month
Unit 5 (2-Bedroom): $945/month
Each unit has been thoughtfully maintained, and the property benefits from a history of stable tenancy. Located along the vibrant Broad Street corridor, tenants enjoy easy access to public transportation, local shops, and major employers.
Being sold as a package deal with 4621 N Broad St. total price for the package is $750,000. This is a turn-key investment with solid returns and minimal headaches. Owner is a licensed real estate agent.
Presented By: KW Empower
Interior Features for 4623 N Broad Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
General for 4623 N Broad Street
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsGPS
DisclosuresOwner RE Licensee
Garage Y/NNo
HeatingBaseboard - Electric
Lease TypeYearly
Lot Size Square Feet2200.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
ModificationTimestamp2025-06-03T17:41:00
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
NumberOfUnitsVacant
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
PossessionSettlement, Negotiable
Price Per Sq Ft Total AG124.5
Property SubtypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameFERN ROCK
Tax Annual Amount3318.0
Tax Assessed Value237100.0
Tax Lot22
Tax Year2024
Total Actual Rent51480.00
Total SQFT3012
Two Bedroom1
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningRTA1
Exterior for 4623 N Broad Street
Foundation DetailsStone
Land Assessed Value47400.00
Land Use CodeN50
Lot Dimensions22.00 x 100.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional