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PRICE $2,400,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 11,762 sqft

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.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 958 LAST UPDATED 9/18/2025
TRACT TEMPLE UNIVERSITY YEAR BUILT 1912
COMMUNITY 19121 (19121) COUNTY PHILADELPHIA
STATUS Pending PROPERTY TYPE(S) Commercial

SCHOOLS
School District THE SCHOOL DISTRICT OF PHILADELPHIA

PRICE HISTORY
Prior to Aug 11, '25 $3,300,000
Aug 11, '25 - Today $2,400,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Gas Water Heater
AREA 19121 (19121)
HEAT Forced Air, Natural Gas
LOT 0.27 acre(s)
LOT DIMENSIONS 50.00 x 200.00
PARKING On Street
SEWER Private Sewer
SUBDIVISION TEMPLE UNIVERSITY
TAXES 8011
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1438 N BROAD STREET
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Listing provided by Century 21 Advantage Gold-Southampton

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