7-Unit Value-Add Opportunity in East Passyunk

1319 S Broad St, 19148

7 Units

7 Bedrooms

7 Bathrooms

Zoned: RSA5 (Grandfathered to multi-fam)

Lot SF: 2,526

Building SF: 5,104

Pro-Forma Gross Rent: $9,800/month

True value-add opportunity with existing cash flow from partial occupancy which enables new ownership to implement a phased approach

Highly desirable location

Existing rents are 20-25% below market value

Building is offered below market per door pricing

Price $1,300,000

Click here for Executive Summary: https://drive.google.com/file/d/1c04dXjrXPf9Ht1LWovLxO0-T0Dr9vU3S/view?usp=share_link

Click here for comps:
https://drive.google.com/file/d/1DN-0v_dpAF_iV9k4PqAXBXcX9Cuvnx6m/view?usp=share_link