Renovated Triplex Near Temple
For Sale
Contact for pricing
3010 North Broad Street, Philadelphia, PA 19132
Renovated triplex near Temple University available for sale.
Property Size2,218 SF
Price / SF$259.24
Days on Market166
Property Features for 3010 North Broad Street
General Information
Standard status
Active
Size
2,218 SF
Class
B
Property subtype
Retail, Multifamily
Zoning
RM4
Investment Type
Owner/User
Site & Location
Neighborhood
Glenwood
Building Details
Year Built
1929
Buildings
1
Tenancy
Multi
Listing Agency:
LPT Realty, LLC
Listed By:
Maria Elena Quattrone · License #RB069792
(215) 273-3669
Source:
Crexi
Added: May 11
Changed: Oct 4
Last Checked: Oct 23 at 5:56AM
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 LPT Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a triplex property with a total size of 2218 square feet. The property is located near Temple University. It is suitable as a multifamily or residential income property.
Key Highlights
- Renovated triplex offers modern living in a classic building.
- Steps from Temple University, ideal for students or faculty.
- Built in 1929, showcasing historic charm.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,850
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,000
$757.0K
Cap Rate 7%
$540,714
$540.7K
Cap Rate 9%
$420,556
$420.6K
Market Conditions
NOI Build-Up for 2,218 SF
Gross rent
$57.2K $25.80/SF
− Vacancy
−$3.2K −$1.42/SF
EGI
$54.1K $24.38/SF
− OpEx
−$16.2K −$7.31/SF
NOI
$37.8K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,000
Cap Rate 7%
$540,714
Cap Rate 9%
$420,556
Alternative Uses
Best Use
Multifamily LT 5
$540.7K
$473.1K – $630.8K
NOI $37,850 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$498.4K
$436.1K – $581.5K
NOI $34,888 @ 7.0% cap · market cap 6.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,225
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Renovated triplex near Temple University available for sale.
Where is this triplex located?
The property is located at 3010 North Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Renovated triplex offers modern living in a classic building.; Steps from Temple University, ideal for students or faculty.; Built in 1929, showcasing historic charm.
