5923 N BROAD STREETPHILADELPHIA, PA 19141

Multi-Family · 1,870 Sq. ft. | 0.05 Acres
$499,999 ACTIVE

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

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

35
Median Age
18,815
Population Density (per sq. mile)
23%
College Educated
$36,572
Estimated Median Income
6,660
Estimated Total Home Owners
6,417
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

5923 N BROAD STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5923 N BROAD STREET Market Data

Based on the last 30 days in this zip code

$214,031
Average List Price
$144
Average Price per Square Foot
3
Properties Sold
95
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

5923 N BROAD STREET History

Date Event Value Agent
6/4/2026Source: BRIGHT MLS Added to Database
June 04, 2026
6/2/2026Source: BRIGHT MLS Added to Database
June 02, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of Long & Foster Real Estate, Inc.- MLS# PAPH2630410MLS ProviderContact Information: [email protected] - 6108532700