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.
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 5923 N Broad Street.
What schools are nearby to 5923 N Broad Street?
Nearby schools include the MARTIN L. KING High School.
What are the annual taxes for 5923 N Broad Street?
Annual taxes for this multi-family home are estimated at $2,008.
How does 5923 N Broad Street compare to other multi-family homes in Fern Rock?
This multi-family home is listed 136% above the average price for multi-family homes in Fern Rock and has been on the market for 64 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,870 sqft.
5923 N Broad Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19141. On Prevu for 12 days at $499,999. This property features 1,870 square feet of living space, located in Fern Rock. The median listing price for multi-family homes in this area is $230,000. Nearby schools include MARTIN L. KING High School. Explore more multi-family home listings in Philadelphia.
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