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
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