2123 N Broad Street, Philadelphia, PA 19122-1105 $949,999

Beds/Baths: /
Acreage: 0.07
Zoning:
CMX25
MLS#: PAPH2383966

Description

Introducing 2123 NORTH BROAD — a prime QOZ (Opportunity Zone) multifamily development parcel in the North Broad District / Temple University submarket of Philadelphia, Pennsylvania. With 22 units (44 beds) in a proposed 19,200 SF structure, this asset will command perennial rental demand for generations to come, backed by the power of Philadelphia's largest university by enrollment. Temple University benefits from its central location, transit-rich environment, high-profile NCAA programs, and its ever-growing academic campus. 700 SF of commercial space activates the vibrant streetscape and proposed building. Offered at an attractive land basis, 2123 NORTH BROAD ST presents a sound development/investment thesis on a leading national higher-education campus backed by strong rental fundamentals. 10-year tax abatement eligible — pay taxes on the assessed land value for 10 years, rather than the assessed value of the future improved structure. Buyer responsible for verifying taxes, entitlements, lot dimensions + SF in DD. Renderings for illustrative purposes.

Taxes: $7,138
Lot Dimens: 20.00 x 160.00
Front Footage:
School Dist: The School District Of Philadelphia
Home Assoc: No
Condo Assoc: No

Features

Utilities
Public Water, Public Sewer

Lot
Urban, City View

Contact Information

Listing Courtesy of: Keller Williams Liberty Place , (609) 399-5454, klrw903@kw.com

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Listing data as of 3/17/2025.