2520 N Broad St, Philadelphia, PA 19132

$1,399,999

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List Price
$1,399,999
Days on Market
166
Status
ACTIVE
MLS#
PAPH2602006
Lot Size (Acres)
0.21
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Excellent opportunity to own a 11,362 sq ft mixed-use building in a highly active, high-visibility corridor on Broad Street, conveniently located along a subway line. This well-maintained property features three separate units with individual utilities, offering strong income potential and flexibility for investors or owner-users: First Floor – Two Units (4,500 sq ft each): Furniture Store: Currently leased at $4,500/month (NNN) Beauty School: Owner-occupied with a projected rent of $4,500/month (NNN) Second Floor (2,000 sq ft): Fully leased to a healthcare office Includes 3 large offices, waiting area, and full bathroom Income Highlights: Current Gross Rental Income: $132,000 annually Additional potential income from Beauty School: $54,000 annually Fully occupied projected income offers strong upside Key Features: NNN leases reduce landlord expenses Separate utilities for each unit Flexible use: ideal for office, medical, retail, educational, or warehouse space Located in a busy, transit-accessible commercial area Investment Potential: This property is ideal for investors seeking stable income with upside potential, or for owner-operators looking to occupy while generating rental income. Showing Requirements: Proof of funds required prior to scheduling a showing.

Additional Information

Area
19132 (19132)
Taxes
$7402
Stories
2
School District
The School District Of Philadelphia
Flooring
Vinyl
Heating
Forced Air, Central
Heating Fuel
Natural Gas, Electric
Cooling
Central A/C
Roof
Flat
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: 8563211212