2123 N Broad St, Philadelphia, PA 19122 | For Sale

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For Sale $999,999

$999,999
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 3,200 Sq Ft

Description

Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $999,999
Property Type Lots/Land
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 871400395
MLS # PAPH2383966
Property ID 294906535
Lot Sqft 3,200
Zoning CMX25
Days on Market 76
Original List Price Unknown
Date Updated September 29, 2024
Date Created August 07, 2024

Listing Provided By

Ryan J McManus an agent of Keller Williams Realty - Ocean City. Lic #RS316262


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Data last updated: October 22, 2024.
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