Mixed-Use
New
For Sale
$580,000
2110 S BROAD STREET, Philadelphia, PA 19145
A ground-floor daycare and residential occupancy above create a three-level mixed-use configuration.
Property Size2,770 SF
Days on Market7
Property Features for 2110 S BROAD STREET
General Information
Standard status
Active
Size
2,770 SF
Property subtype
MixedUse
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,203
Building Details
Building Size
2,770 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Antonella Dominijanni · License #RS309861
(215) 500-8000
Source:
Patmckennarealtors
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 7 at 5:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1920-built triplex has a daycare on the first floor, where a long-term tenant is in place. The second floor is updated and occupied by a residential tenant under a yearly arrangement. The third floor is also tenant-occupied and requires remodeling.
The property is in Philadelphia, outside Passyunk Square, with proximity to major highways, the Broad Street Line, and multiple bus routes.
The property is in Philadelphia, outside Passyunk Square, with proximity to major highways, the Broad Street Line, and multiple bus routes.
Key Highlights
- Three‑level mixed‑use property built in 1920
- First‑floor daycare with a long‑term tenant
- Updated second floor leased to a residential tenant on a yearly basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,571
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,420
$871.4K
Cap Rate 7%
$622,443
$622.4K
Cap Rate 9%
$484,122
$484.1K
Market Conditions
NOI Build-Up for 2,770 SF
Gross rent
$84.1K $30.36/SF
− Vacancy
−$4.9K −$1.76/SF
EGI
$79.2K $28.60/SF
− OpEx
−$35.6K −$12.87/SF
NOI
$43.6K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,420
Cap Rate 7%
$622,443
Cap Rate 9%
$484,122
Alternative Uses
Best Use
Apartment 5plus
$622.4K
$544.6K – $726.2K
NOI $43,571 @ 7.0% cap · market cap 7.51%
Second Best
Mixed Use
$470.1K
$411.4K – $548.5K
NOI $32,908 @ 7.0% cap · market cap 5.67%
Theoretical Best
Multifamily LT 5
$675.3K
$590.9K – $787.8K
NOI $47,270 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor daycare and residential occupancy above create a three-level mixed-use configuration.
Where is this mixed-use property located?
The property is located at 2110 S BROAD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Three‑level mixed‑use property built in 1920; First‑floor daycare with a long‑term tenant; Updated second floor leased to a residential tenant on a yearly basis
