Philadelphia, PA 19141,4832 N BROAD ST
Philadelphia, PA 19141,4832 N BROAD ST
Philadelphia, PA 19141,4832 N BROAD ST
$225,000
Est. payment /mo
$175,000
28.6%
Est.Price: ?

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3,024 SqFt
SOLD DATE : 06/06/2024

Key Details

Sold Price $225,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $74

Subdivision Olney (East)

MLS Listing ID PAPH2293128

Sold Date 06/06/24

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $2,176

Tax Year 2023

Lot Size 1,704 Sqft

Acres 0.04

Lot Dimensions 16.00 x 107.00

Property Description

An exceptional opportunity awaits with this mixed-use commercial property located in the dynamic Olney East neighborhood. This property boasts a prime location and versatile layout, perfect for savvy investors or business owners.

This versatile mixed-use property presents a range of opportunities for the discerning investor. The first floor boasts a spacious commercial area primed for your business ventures, offering flexibility and customization options to meet your specific needs. Currently, it is leased at $1,500 per month, providing an estimated annual income of $18,000.

On the second and third floors, you'll discover two separate apartments, each featuring three bedrooms and one bathroom. These apartments are on month-to-month leases, providing advantageous flexibility for new ownership. Currently, the second and third-floor apartments generate $650 per month each, contributing a combined estimated annual income of $15,600.

All tenants are on a month-to-month lease.

Situated in the dynamic and diverse community of Olney East, this property benefits from a prime location conveniently near N Broad Street, ensuring high visibility and accessibility. The neighborhood's proximity to local amenities, shops, and eateries makes it an exciting investment opportunity within a thriving and promising area. Don't miss the chance to make this mixed-use property a valuable addition to your investment portfolio.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning CMX-2.5

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Waterfront N

Water Access N

View Street

Accessibility None

Parking Type On Street

Garage N

Building

Lot Description Rear Yard

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871082600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA, Other

Listing Terms Cash, Conventional, FHA, VA, Other

Financing Cash,Conventional,FHA,VA,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
Bought with Alexander Jerry Jr. • KW Empower

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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