- – beds
- – baths
- 3,012 sqft
- 2,200 sqft lot
- $124 per sqft
- 1930 build
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 investor’s 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. Featuring a shared laundry room for tenant convenience. Being sold as a package deal with 4621 N Broad St. total price for the package is $750,000. With the total rent roll for both being $8,409. This is a turn-key investment with solid returns and minimal headaches. Owner is a licensed real estate agent.
Last checked:
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Last updated Jun 9, 2025
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MLS# PAPH2487572 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Levels:3
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Building Units Total:4
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3012
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3012
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Living Area SqFt:3,012 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement, Negotiable
Location
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Directions:GPS
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Latitude:40.02370800
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Longitude:-75.14765200
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:22.00 x 100.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,200 Sqft
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Zoning:RTA1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:N50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 992-8248
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:491542000
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Tax Year:2024
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Tax Lot:22
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Tax Annual Amount:$3,318
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Tax Assessed Value:$237,100
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Year Assessed:2025
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School Tax:1858.0
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City/Town Tax:1460.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Fern Rock
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:3
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/29/25
May 29, 2025
|
Listed / Active | BRIGHT | $375,000 |