826 N Broad St
Boutique mixed-use North Broad Street asset offering luxury residential units, STR zoning by right
Marketing description
826 N Broad Street presents a rare opportunity to acquire a boutique luxury mixed-use asset in one of Philadelphia’s most prestigious and consistently appreciating zip codes (19130). The property features four high-end residential apartments and a prime ground-floor commercial storefront along North Broad Street, offering diversified income in a highly desirable urban corridor.
The residential component includes two expansive bi-level units with private rooftop terraces, providing flexibility for investors seeking an owner-occupant option while offsetting ownership costs through income from the remaining units and commercial space. Notably, single-family homes in this zip code frequently trade above the asking price of the entire building, highlighting the strength of the underlying value.
Zoned CMX-4, the property allows short-term rentals by right, a rare advantage in Philadelphia. Two units are currently leased to a professional short-term rental operator under a multi-year lease with built-in rent escalations, delivering stable, predictable cash flow. Additional highlights include a private elevator, an uncommon amenity for a building of this size that enhances tenant appeal and long-term value.
This asset is well-suited as a portfolio starter or strategic addition for mid-level investors seeking a low-risk, naturally appreciating investment with multiple exit strategies in a prime location.
Investment highlights
Prime 19130 Location
Situated on North Broad Street in one of Philadelphia’s most prestigious and consistently appreciating zip codes, surrounded by high-end residential and commercial development.
Boutique Mixed-Use Asset
Four luxury residential apartments plus a street-level commercial storefront provide diversified income streams and reduced risk.
Short-Term Rental Zoning by Right (CMX-4)
Rare zoning classification allowing short-term rentals by right, offering significant upside in one of the most visited cities in the United States.
Stabilized STR Income
Two units are leased to a professional short-term rental operator under a multi-year lease with built-in rent escalations, delivering predictable and growing cash flow.
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Owner-Occupant Optionality
Two expansive bi-level units with private rooftop terraces create a compelling owner’s suite opportunity while rental income offsets ownership costs.
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Elevator-Served Building
Private elevator access, an extremely rare feature for a building of this size, enhancing tenant demand, accessibility, and long-term value.
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Strong Relative Value
Single-family homes in the immediate area frequently sell for more than the asking price of this entire income-producing building.
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Ideal Portfolio Builder
Perfect for mid-level investors seeking a safe, low-maintenance asset with natural appreciation, multiple exit strategies, and long-term upside.
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