5923 N Broad St, Philadelphia, PA 19141

$499,999
1,870
SqFt

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List Price
$499,999
Days on Market
100
Status
ACTIVE
MLS#
PAPH2630410
Living Area
1,870
Lot Size (Acres)
0.05
Style
Straight Thru
Year Built
1930
County
Philadelphia
School District
Philadelphia City

Property Description

Welcome to 5923 N Broad Street, a well-maintained mixed-use investment property offering immediate income and additional upside in a prime Philadelphia location. The property features a vacant first-floor commercial space, providing a rare opportunity for an owner-operator to establish their business or for an investor to lease the space and increase cash flow. Previously operated as a modern beauty salon, the commercial unit offers a vestibule entrance, open floor plan, coffee/kitchen bar area, private restroom, and dual-zone split AC/heat systems. Above the commercial space are two spacious residential apartments, both currently leased and generating steady rental income. Each unit offers 2 bedrooms, 1 full bath, in-unit laundry, updated finishes, and abundant natural light. The second-floor apartment enjoys access to the private rear yard, while the third-floor unit features a private deck, perfect for outdoor relaxation. The building underwent extensive renovations just a few years ago, blending modern updates with the property's original character. Located along the highly visible North Broad Street corridor, the property offers convenient access to public transportation, shopping, dining, and major roadways. Whether you're looking to expand your investment portfolio, occupy the commercial space for your own business, or capitalize on the leasing opportunity, this versatile mixed-use property delivers flexibility, income, and long-term potential. Please note: Photos were taken prior to tenant occupancy.

Additional Information

Area
19141 (19141)
Taxes
$2008
Stories
3
School District
Philadelphia City
High School
Martin L. King
Flooring
Engineered Wood, Ceramic Tile, Hardwood, Laminate Plank
Heating
90% Forced Air
Heating Fuel
Electric
Cooling
Ductless/Mini-Split
Roof
Flat
Utilities
Above Ground
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (610) 853-2700