$234,900

1901 N 23RD STREET, Philadelphia, PA 19121

  • 2,850 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Investment Opportunity in the growing neighborhood near Brewerytown/Strawberry Mansion. This 2-story corner property spans 2,850 sq/ft and has zoning approval for 5 units, offering multiple income streams. Blueprints are in place for the configuration of the property which consists of (2) ground-floor commercial units and (3) residential apartments—(1) one-bedroom and (2) two-bedroom units. The building is in shell condition and will need a full rehab from top to bottom. Blueprints and zoning approval are readily available. The possibilities with this property are endless. It can be completed and held as a cash-flowing asset or a fix-and-flip opportunity, allowing for a profitable resale after renovations. An owner-user could live in one of the residential units while generating rental income from the others to cover the mortgage payment. Or even a business can purchase the property and have all the other units cover the mortgage to reduce overhead costs and increase profits. Located in the rapidly growing neighborhood near Brewerytown/Strawberry Mansion, this property offers strong appreciation potential and multiple exit strategies. Schedule a showing today to explore this excellent investment opportunity.

Listing Status:
Active
Date Added:
April 4, 2025 at 05:00AM
Listing Office:
RE/MAX @ HOME : 2156073535
Listing Agent:
Maria Maria Quattrone Quattrone : 2156073523
MLS ID:
PAPH2465818
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

V

Vaux Big Picture High School

2300 W Master St, Philadelphia, PA, 19121

Grades 12-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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