Investments Sales Management

4824 - 4822 N BROAD STREET

PHILADELPHIA, PA 19141

MLS#: PAPH2592252

$1,100,000

Status: Active
Listing number: PAPH2592252
Listing provided by: Prime Realty Partners
Listing agent phone: None
Last update: 8 days ago
On site: 6 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

6,048

Two adjoining mixed-use buildings on North Broad Street in Logan, sold together: 4822 and 4824 N Broad St. Each is a three-story masonry building with a ground-floor storefront and two apartments above, for six units in total. All six units are occupied. The four apartments are 2 bedroom, 1 bath units of about 1,000 sq ft each, and both storefronts (about 1,000 sq ft each) are leased to one established commercial tenant, including a long-running barbershop. Current gross rent is $7,000 per month ($84,000 per year): apartments at $1,000 and storefronts at $1,500. Each building has about 3,024 sq ft on a 16 x 107 ft lot, zoned CMX-2.5, on its own tax parcel (OPA 871082400 and 871082450), so you can hold both or sell one later. Renovated in 2012 under city permits, including 400-amp electric service with separate meters, a fire alarm system and updated plumbing. Busy North Broad Street frontage with Broad Street Line access nearby. Each building is also offered separately. Please do not disturb tenants; showings by appointment only.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Lot Size(square feet)

    3,416

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $5,756

  • Sq. Footage

    6,048

  • Price/SqFt

    $181

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Alban Hoxha, Prime Realty Partners

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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Two adjoining mixed-use buildings on North Broad Street in Logan, sold together: 4822 and 4824 N Broad St. Each is a three-story masonry building with a ground-floor storefront and two apartments above, for six units in total. All six units are occupied. The four apartments are 2 bedroom, 1 bath units of about 1,000 sq ft each, and both storefronts (about 1,000 sq ft each) are leased to one established commercial tenant, including a long-running barbershop. Current gross rent is $7,000 per month ($84,000 per year): apartments at $1,000 and storefronts at $1,500. Each building has about 3,024 sq ft on a 16 x 107 ft lot, zoned CMX-2.5, on its own tax parcel (OPA 871082400 and 871082450), so you can hold both or sell one later. Renovated in 2012 under city permits, including 400-amp electric service with separate meters, a fire alarm system and updated plumbing. Busy North Broad Street frontage with Broad Street Line access nearby. Each building is also offered separately. Please do not disturb tenants; showings by appointment only.

4824 - 4822 N BROAD STREET

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