5923 N BROAD STREET Overview
- Time on Site:
- 25 days
- Visits:
- 1
Welcome to 5923 N Broad Street, a well-maintained mixed-use investment property offering immediate income and additional upside in a prime Philadelphia location. The property features a vacant first-floor commercial space, providing a rare opportunity for an owner-operator to establish their business or for an investor to lease the space and increase cash flow. Previously operated as a modern beauty salon, the commercial unit offers a vestibule entrance, open floor plan, coffee/kitchen bar area, private restroom, and dual-zone split AC/heat systems. Above the commercial space are two spacious residential apartments, both currently leased and generating steady rental income. Each unit offers 2 bedrooms, 1 full bath, in-unit laundry, updated finishes, and abundant natural light. The second-floor apartment enjoys access to the private rear yard, while the third-floor unit features a private deck, perfect for outdoor relaxation. The building underwent extensive renovations just a few years ago, blending modern updates with the property's original character. Located along the highly visible North Broad Street corridor, the property offers convenient access to public transportation, shopping, dining, and major roadways. Whether you're looking to expand your investment portfolio, occupy the commercial space for your own business, or capitalize on the leasing opportunity, this versatile mixed-use property delivers flexibility, income, and long-term potential. Please note: Photos were taken prior to tenant occupancy.
5923 N BROAD STREET Facts & Features
- Type Multi-Family
- Sq. ft. 1,870
- Price/Sq.ft. $267
- Lot 0.05 Acres
Details
General
School Information
- High School: MARTIN L. KING
Income/Expenses
- Existing Lease Type: Long Term,Month to Month
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 1870
- Year Built: 1930
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19141 (19141)
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 883.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 1124.00
- Tax Annual Amount: $2,008.00
- Tax Assessed Value: 143500.00
- Tax Year: 2024
General Information
- Exclusions: Tenants personal Property
- Property Condition: Very Good
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: CMX25
Unit Information
- Other Units: Unit 1,Unit 2,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Twin/Semi-Detached
Building Interior
- Above Grade Finished Area: 1870
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: 32+ wide Doors
- Cooling: Ductless/Mini-Split
- Door Features: Insulated
- Flooring: Engineered Wood, Ceramic Tile, Hardwood, Laminate Plank
- Foundation Details: Slab
- Living Area: 1870
- Living Area Source: Estimated
- Stories Total: 3
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 1
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 20.00 x 118.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 2360.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Straight Thru
- Construction Materials: Masonry
- Roof: Flat
General Information
- Number Of Units Leased: 2
- Number Of Units Total: 3
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Utilities: Above Ground
- Water Access: No
Unit Information
Unit 3 Details
- Unit Type: Unit 1
- Beds Total: 0
- Description: Store Front
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 1275.00
- Beds Total: 2
- Description: access to backyard
Unit 1 Details
- Unit Type: Unit 3
- Total Rent: 1205.00
- Beds Total: 2
- Description: The unit has a Balcony
5923 N BROAD STREET Neighborhood
Community
19141 (PHILADELPHIA) Demographics
5923 N BROAD STREET Monthly Cost
5923 N BROAD STREET Market Data
Based on the last 30 days in this zip code
5923 N BROAD STREET History
| Date | Value | Agent |
|---|---|---|
| 6/4/2026Source: BRIGHT MLS | June 04, 2026 |
|
| 6/2/2026Source: BRIGHT MLS | June 02, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
Contact Information: [email protected] - 6108532700