2243 N Broad St, Philadelphia, PA 19132

Philadelphia
Local realty services provided by:ERA Martin Associates
2243 N Broad St,Philadelphia, PA 19132
$1,980,000
  • 10 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric andrew dvotsky, maxim sirotovsky
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2611126
Source:BRIGHTMLS

Price summary

  • Price:$1,980,000

About this home

Philly CRE is pleased to present a premier investment opportunity: a fully occupied, 11 unit mixed use property built in 2023, ideally located just steps from Temple University’s main campus. Already priced to sell, this asset offers immediate financing upside with a 1.28 DSCR and an exceptional 7.44% cap rate, a rare offering for new construction in today’s market. The property generates $184,860 in annual gross income, delivering strong and stable in place cash flow with additional upside potential in a rapidly appreciating submarket. Consistent rental demand is driven by its proximity to both Temple University and Temple University Hospital, attracting a reliable tenant base of students and healthcare professionals. All residential units are leased to PHA tenants with rents secured, providing predictable and low risk income from day one. The unit mix includes one studio, eight one bedroom units, and one two bedroom unit, along with a ground floor commercial space, creating a...

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Home facts

  • Year built:2023
  • Listing ID #:PAPH2611126
  • Added:16 day(s) ago
  • Updated:May 08, 2026 at 01:28 PM

Rooms and interior

  • Bedrooms:10
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:2023
  • Lot area:0.06 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,980,000
  • Tax amount:$1,408 (2025)

Parking

  • Parking description:On Street

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