Prime Investment Opportunity 5-Unit legally zoned 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. The Property features a shared laundry room for tenant convenience. 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 with total rent roll for both properties being $8,409. This is a turn-key investment with solid returns and minimal headaches. Matterport virtual tour available on this listing. Owner is a licensed real estate agent.
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