5923 N Broad St Philadelphia, PA 19141
Fern Rock NeighborhoodEstimated payment $2,964/month
Highlights
- Straight Thru Architecture
- 90% Forced Air Heating System
- Energy-Efficient Windows
- Engineered Wood Flooring
- Ceiling Fan
- Property is in very good condition
About This Home
Welcome to 5923 N Broad Street – A Multi-Unit, Mixed-Use Gem in a Prime Location!Step into opportunity with this beautifully updated triplex in the heart of Philadelphia, where style, convenience, and functionality come together. Fully rented and thoughtfully designed, this turn-key property is ideal for savvy investors or owner-occupants seeking passive income.The first-floor commercial space is currently leased and operating as a modern beauty salon. It features an inviting vestibule entrance, an open floor plan, a coffee/kitchen bar, a private bathroom, and dual-zone split AC/heat units for optimal comfort.Upstairs, you'll find two spacious 2-bedroom residential units with in-unit laundry and a full bath, both currently leased with long-term tenants:The second-floor apartment offers access to the private backyard, perfect for relaxing or entertaining.The third-floor unit features a private deck, ideal for enjoying those cool city evenings.Both residential units boast updated finishes and are filled with natural light. The entire building was renovated from top to bottom a few years ago, blending classic charm with modern convenience.Situated on bustling North Broad Street, this property offers easy access to public transportation, local shops and eateries, and major highways, making commuting and city living a breeze.Please note: Photos shown were taken before tenant occupancy.Don’t miss your chance to own this fully occupied, income-producing property with long-term tenants in one of Philadelphia’s most accessible and up-and-coming areas!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,008
Year Built
- Built in 1930
Lot Details
- 2,360 Sq Ft Lot
- Lot Dimensions are 20.00 x 118.00
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Straight Thru Architecture
- Flat Roof Shape
- Slab Foundation
- Masonry
Interior Spaces
- 1,870 Sq Ft Home
- Ceiling Fan
- Double Hung Windows
- Insulated Doors
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Built-In Microwave
- ENERGY STAR Qualified Freezer
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- Disposal
Flooring
- Engineered Wood
- Laminate
- Ceramic Tile
Laundry
- Dryer
- ENERGY STAR Qualified Washer
Utilities
- Ductless Heating Or Cooling System
- 90% Forced Air Heating System
- Above Ground Utilities
- Natural Gas Water Heater
Additional Features
- Doors are 32 inches wide or more
- Energy-Efficient Windows
Community Details
- 3 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 157
- Assessor Parcel Number 871230200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,951 | $143,500 | $28,700 | $114,800 |
| 2024 | $1,951 | $143,500 | $28,700 | $114,800 |
| 2023 | $1,951 | $139,400 | $27,880 | $111,520 |
| 2022 | $822 | $139,400 | $27,880 | $111,520 |
| 2021 | $822 | $0 | $0 | $0 |
| 2020 | $822 | $0 | $0 | $0 |
| 2019 | $815 | $0 | $0 | $0 |
| 2018 | $792 | $0 | $0 | $0 |
| 2017 | $840 | $0 | $0 | $0 |
| 2016 | $1,793 | $0 | $0 | $0 |
| 2015 | $1,717 | $0 | $0 | $0 |
| 2014 | -- | $128,100 | $47,400 | $80,700 |
| 2012 | -- | $11,200 | $8,176 | $3,024 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $525,000 | +805.2% | $281 / Sq Ft |
| 03/10/2017 03/10/17 | Sold | $58,000 | -31.7% | $31 / Sq Ft |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- |
| 08/22/2016 08/22/16 | For Sale | $84,900 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Springfield Abstract Inc | |
| Deed | $58,000 | National Title Agency | |
| Sheriffs Deed | $37,000 | None Available | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: PAPH2491078
APN: 871230200
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