Three-Story Mixed-Use
For Sale
$550,000
4824 N BROAD STREET, Philadelphia, PA 19141
A ground-level commercial space and two upstairs apartments share a renovated, separately metered building.
Property Size3,024 SF
Days on Market40
Property Features for 4824 N BROAD STREET
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Triplex
Site & Location
Neighborhood
Northwest Philadelphia
Taxes and HOA fees
Annual Taxes
$2,878
Building Details
Building Size
3,024 SF
Year Built
1930
Listing Agency:
Prime Realty Partners
Listed By:
Alban Hoxha · License #RS356556
(267) 385-1905
Source:
Lizclarkrealestate
Added: Sep 24
Changed: Nov 2
Last Checked: Nov 1 at 3:34PM
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 Prime Realty Partners
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Investment Insights
Based on property information with market context.
This three-story masonry property contains approximately 3,024 square feet on a 16-by-107-foot lot. The ground level is a storefront, with two apartments above; each apartment has two bedrooms and one bathroom and measures approximately 1,000 square feet. Renovation work was completed in 2012 under city permits. Building features include separate meters, a fire alarm system, and updated plumbing. The storefront and both apartments are leased.
The property fronts North Broad Street in Philadelphia, with Broad Street Line access nearby. Zoning is CMX-2.5. The neighboring building at 4822 N Broad St is offered separately or in combination with this property.
The property fronts North Broad Street in Philadelphia, with Broad Street Line access nearby. Zoning is CMX-2.5. The neighboring building at 4822 N Broad St is offered separately or in combination with this property.
Key Highlights
- Three‑story masonry building with approximately 3,024 square feet
- Two apartments, each with 2 bedrooms, 1 bathroom, and approximately 1,000 square feet
- Ground‑floor storefront and two upper‑level apartments are leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,566
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,320
$951.3K
Cap Rate 7%
$679,514
$679.5K
Cap Rate 9%
$528,511
$528.5K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$91.8K $30.36/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$86.5K $28.60/SF
− OpEx
−$38.9K −$12.87/SF
NOI
$47.6K $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%
$951,320
Cap Rate 7%
$679,514
Cap Rate 9%
$528,511
Alternative Uses
Best Use
Apartment 5plus
$679.5K
$594.6K – $792.8K
NOI $47,566 @ 7.0% cap · market cap 8.65%
Second Best
Mixed Use
$513.2K
$449.1K – $598.8K
NOI $35,925 @ 7.0% cap · market cap 6.53%
Theoretical Best
Multifamily LT 5
$737.2K
$645.1K – $860.1K
NOI $51,604 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 38%
Groceries 11%
Burger King
Dining
26,241 visits/mo
0.2 miles
Taco Bell
Dining
17,676 visits/mo
0.5 miles
Save-A-Lot
Groceries
11,589 visits/mo
0.5 miles
Sunoco
Shops & Services
10,407 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,695 visits/mo
0.2 miles
Demographics for 19141, PA
31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-level commercial space and two upstairs apartments share a renovated, separately metered building.
Where is this mixed-use property located?
The property is located at 4824 N BROAD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑story masonry building with approximately 3,024 square feet; Two apartments, each with 2 bedrooms, 1 bathroom, and approximately 1,000 square feet; Ground‑floor storefront and two upper‑level apartments are leased
