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1220 N Broad St & 1254 N Carlisle St
Philadelphia, PA Avenue Of The Arts North

$40,200,000 USD

Multifamily For Sale  •  304,419 SF

2 Properties View all

Property Details

  • Property Type Multifamily
100 Transit Score
100 Walk Score

Highlights

Immediate Economies of Scale: 309 Apartment Units with 8,130 SF of Ground-Floor Commercial Space
Significant Value-Add Opportunity: Opportunity to Renovate Unit Interiors and Common Areas to Capture Higher Market Rents
Below-Market In-Place Rents: Mark to Market Opportunity “As Is”
Prime North Broad Street Location: Minutes from Center City Philadelphia along a Growing Residential and Commercial Corridor
Access to Public Transportation: Convenient Access to SEPTA's Broad Street Line with Direct Connectivity throughout the Greater Philadelphia Region
Proximity to Neighborhood Amenities: Walking Distance to Restaurants, Retailers, Grocery Stores, Entertainment, and Neighborhood-Serving Businesses

Public Transportation

Commuter RailDriveWalkDistance
Temple University (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 4 min - 1.2 mi
North Broad (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 5 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Girard (BSS) (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 2 min 0.1 mi
Girard and Broad (15 Line) (Route 15 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 2 min 0.1 mi
Fairmount (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 8 min 0.4 mi
Cecil B Moore (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 9 min 0.5 mi
Spring Garden (BSS) (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
Philadelphia International 24 min - 13.7 mi
Trenton Mercer 51 min - 33.4 mi
Kenneth Wellar 215-454-2879 GREA
Kenneth Wellar 215-454-2879 GREA