3140 N Broad Street

Description

Income-producing, fully occupied mixed-use asset located on the North Broad Street corridor, steps from Temple University’s Medical Campus. This legally zoned CMX-3 property consists of 1 ground-floor commercial unit and 5 residential apartments (17 total beds) and is stabilized with a documented rent roll and long-term tenancy.The property generates $5,365/month ($64,380/year) in gross scheduled rent and has benefited from $150,000+ in recent renovations, allowing a new owner to step into immediate cash flow with limited near-term capital requirements.The commercial unit is occupied by a hair salon/barber with a lease in place through February 2026, providing street-level activation and diversified income. The residential units consist of a mix of 1BR and 2BR layouts, all currently leased, with expirations staggered through 2026, supporting ongoing income stability and organic rent growth.Tenants pay heat and hot water, keeping operating expenses efficient; landlord responsibilities are primarily limited to water and trash. Situated in a high-demand rental corridor with heavy foot traffic, strong transit access, and proximity to Roosevelt Blvd, I-76, and I-95, the location benefits from consistent residential demand and continued neighborhood investment along North Broad Street.Investment Highlights6 Units: 1 Commercial + 5 Residential17 Total BedsCMX-3 Zoning$64,380 Gross Scheduled Income$150,000+ in Recent Capital ImprovementsEfficient Utility StructureSteps from Temple Medical CampusStabilized Cash Flow with UpsideOffered as a stabilized mixed-use investment with immediate income and long-term appreciation potential in a rapidly improving corridor.Contact for full financials, rent roll, and private tour.