Property

Philadelphia, PA 19121 1438 N Broad Street

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Presented By: Century 21 Advantage Gold-Southampton
  • MLS# PAPH2232702
  • 05/05/2023
  • Request Tour
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  • SQFT • 14,000

Home Details

Looking for an excellent investment opportunity? This turn-key property is a student housing building located adjacent to Temple University's campus, featuring 15 units with a total of 53 beds. The current occupancy rate exceeds 60%, leaving a tremendous upside value add for an ambitious operator. Built in 1912, the 21,205-square-foot building was fully renovated in 2019 and is presently occupied by the Pi Lambda Phi fraternity. It combines timeless architecture with modern systems and amenities. Security doors, an access control intercom system, and security cameras are installed and operational. The building also offers on-site laundry facilities. Situated next to Temple University's campus and along Philadelphia's iconic Broad Street, just about two miles from Center City, this property is highly desirable and offers significant long-term appreciation potential. Qualified investors can seize this opportunity to acquire real estate in an unmatched location that features exceptional craftsmanship and classic architecture, paired with all the modern amenities demanded by today's market. Further information is available upon request.
Presented By: Century 21 Advantage Gold-Southampton

Interior Features for 1438 N Broad Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1438 N Broad Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsOn N Broad St between W Master Ave and W Oxford St.
HeatingForced Air
Lot Size Square Feet11689.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-08-13T09:32:42
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
PossessionSubject to Existing Lease
Possible UseApartments
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPrivate Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameTEMPLE UNIVERSITY
Tax Annual Amount8011.0
Tax Assessed Value572299.0
Tax Lot146
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1912
Year Built SourceAssessor
ZoningCMX4

Exterior for 1438 N Broad Street

Building Area Total0.00
Car Parking Spaces
Land Assessed Value324300.00
Land Use CodeCE0
Lot Dimensions50.00 x 200.00
Lot Size Acres0.27
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $2,400,000
MLS#PAPH2232702
List Date 05/05/2023
Property Type Commercial
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