For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11-Unit Mixed-Use Building Title is generated by Realmo AI

    2243 N BROAD STREET, Philadelphia, PA 19132

    View on Map
    Claim this Listing
    For Sale
    $1,970,000

    CommercialSale - PHILADELPHIA, PA

    Lot size:
    0.06 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 10 at 3:06 pm

    Property Features for 2243 N BROAD STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1408

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2023
    Architectural style
    Other

    We can help!

    Listing Contact
    Philly Home Advisors

    Listing agent Philly Home Advisors

    Listing office BHHS Fox & Roach Center City-Society Hill 530 Walnut Street, Suite 480, PA

    Listing date Apr 21, 2026

    MLS# PAPH2611114 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Exceptional 7.44% cap rate and 1.28 DSCR, offering immediate financing upside
    • New construction (built in 2023) with high‑end finishes and spacious layouts
    • Fully occupied, 11‑unit mixed‑use property generating $184,860 in annual gross income with stable cash flow
    • Six years remaining on a ten‑year tax abatement, significantly reducing operating expenses
    • All residential units leased to PHA tenants with rents secured, providing predictable, low‑risk income
    • One year of free property management included, providing immediate operational support

    Overview

    This fully occupied 11-unit mixed-use property was built in 2023 and is configured with one ground-floor commercial space and 10 residential units. The residential unit mix includes one studio, eight one-bedroom units, and one two-bedroom unit. All units are separately metered and have individual mechanical systems, and each unit includes an in-unit washer and dryer. Selected units also include private balconies. Residential income is supported by leases to PHA tenants, and the property also includes storage revenue of $500 per month.

    The property is located at 2243 N Broad Street in Philadelphia, PA 19132. The listing notes proximity to Temple University’s main campus and Temple University Hospital. It is described as being accessible via public transit, including nearby Broad Street Line service and multiple bus routes.

    For investors or owner-operators seeking a turnkey, ready-to-operate asset, this property includes existing occupancy and established income streams across residential and commercial components. The listing also states the property has a ten-year tax abatement with over six years remaining, and that it has recently passed reinspection. Additional listed incentives include one year of free property management, which may help reduce near-term operational burden. Overall, it presents a new-construction mixed-use structure with separately metered units, in-unit laundry, and an existing rent base from day one.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.155487
    Latitude
    39.987412

    FAQs

    What type of property is this?
    Apartment building - Fully occupied 2023-built mixed-use property with residential units plus ground-floor commercial space.
    Where is this apartment building located?
    The property is located at 2243 N BROAD STREET Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,970,000.
    What are key features of this property?
    This property features: Exceptional 7.44% cap rate and 1.28 DSCR, offering immediate financing upside; New construction (built in 2023) with high‑end finishes and spacious layouts; Fully occupied, 11‑unit mixed‑use property generating $184,860 in annual gross income with stable cash flow
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message