1438 N Broad Street, Philadelphia, PA 19121
- $2,200,000
- Sold Price
- $2,200,000
- List Price
- $2,400,000
- Closing Date
- Dec 22, 2025
- Days on Market
- 865
- Status
- CLOSED
- MLS#
- PAPH2232702
- Lot Size (Acres)
- 0.27
- Year Built
- 1912
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Looking for an excellent investment opportunity? This turn-key property is a student housing building located adjacent to Temple University's campus, featuring 15 units with a total of 53 beds. The current occupancy rate exceeds 60%, leaving a tremendous upside value add for an ambitious operator. Built in 1912, the 21,205-square-foot building was fully renovated in 2019 and is presently occupied by the Pi Lambda Phi fraternity. It combines timeless architecture with modern systems and amenities. Security doors, an access control intercom system, and security cameras are installed and operational. The building also offers on-site laundry facilities. Situated next to Temple University's campus and along Philadelphia's iconic Broad Street, just about two miles from Center City, this property is highly desirable and offers significant long-term appreciation potential. Qualified investors can seize this opportunity to acquire real estate in an unmatched location that features exceptional craftsmanship and classic architecture, paired with all the modern amenities demanded by today's market. Further information is available upon request.
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Additional Information
- Area
- 19121 (19121)
- Subdivision
- Temple University
- Taxes
- $8011
- School District
- The School District Of Philadelphia
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Private Sewer
Mortgage Calculator
Listing courtesy of Century 21 Advantage Gold-Southampton. Contact:
Selling Office: .