9 months on rocket

3150 N Broad St, Philadelphia, PA, 19132

$515,000

Home List Price

$6,116*

Closing Credit

0 Baths
3,120 SqFt
$165/SqFt
Multi
Schools Nearby

Location

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3150 N Broad St, Philadelphia$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1915
HeatingRadiant
CoolingNone
MLS #PAPH2261734
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 3150 N Broad St

Welcome to a lucrative investment opportunity located on North Broad Street in the heart of Philadelphia, just a stone's throw away from the prestigious Temple University campus. This 4 unit 3 story multifamily building with great cash flow potential and boasts a perfect blend of location, strong rental demand, and potential for substantial returns. As a result, this property benefits from a steady stream of prospective tenants, reducing vacancy rates and maximizing income potential. Situated on North Broad Street, one of Philadelphia's major thoroughfares, this property enjoys high visibility, excellent accessibility, and a vibrant urban setting. Its proximity to Temple University ensures a constant influx of potential tenants, including students, faculty, and staff. Capitalize on the consistent rental income stream and the potential for long-term appreciation in this sought-after location. The area around Temple University is experiencing ongoing development and gentrification, making it a desirable destination for both residents and investors. As the neighborhood continues to evolve, property values are likely to appreciate, providing an excellent opportunity for long-term capital growth. With its prime location, strong rental demand, and numerous opportunities for value enhancement, this property near Temple University promises both immediate income and long-term growth potential. Don't miss your chance to be part of the dynamic and thriving Philadelphia real estate market.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Living Area: 3,120 SqFt

Listing Office:

  • Office Name: Realty Mark Associates - KOP
  • Office Phone: (215) 376-4444
  • Listing Agent: Marco Nunez

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

School Info

Assigned Schools Information:

  • Mastery Charter School at Gratz, Public Charter Grades 9-12

Other

Directions Information:

  • Directions: North on Broad till 3100 block. Property on the left before Allegheny Ave

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $1,842
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

3150 N Broad St vs Philadelphia

276 DAYS ON ROCKET

+222 Days

$515,000

+$257.3K More

$165/SqFt

-$30 Less

KEY TAKEAWAY

This property is $257.3K more than the Median Sold Price and $30/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2261734

Listing Office:

  • Office Name: Realty Mark Associates - KOP
  • Office Phone: (215) 376-4444
  • Listing Agent: Marco Nunez

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:10:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2018Home Sold
$249,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,842 -
2019$1,780$127,200
2018$1,204$86,000
2017$1,204$86,000

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2789843
3
/10

  • Mastery Charter School at Gratz

  • 1798 W Hunting Park Ave

  • 0.94 miles

  • Public Charter Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,111. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19132›3150 N Broad St

This home is located at 3150 N Broad St in Philadelphia, PA and zip code 19132 in the Tioga neighborhood. This 3,120 square foot home, which was built in 1915, sits on a 0.04 acre lot. It has been listed on Rocket Homes since July 27, 2023 and is currently priced at $515,000.

In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $257,610 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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