PA > Philadelphia > Stanton
Philadelphia, PA 19121,1901 N 23RD ST
Philadelphia, PA 19121,1901 N 23RD ST
Philadelphia, PA 19121,1901 N 23RD ST
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$249,000
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2,850 SqFt
New

1901 N 23RD ST Philadelphia, PA 19121

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Denise Petti, CREN, CBDA

Denise Petti, CREN, CBDA

+1(609) 760-4334

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $87

Subdivision Stanton

MLS Listing ID PAPH2465818

Style Traditional

Abv Grd Liv Area 2,850

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,114

Tax Year 2025

Lot Size 1,444 Sqft

Acres 0.03

Lot Dimensions 19.00 x 75.00

Property Sub-Type Other

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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX1

Interior

Hot Water Electric

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Utilities Available Electric Available

Water Access N

View City, Street

Roof Type Rubber

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882936100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

Virtual Tour https://view.ricoh360.com/d672bc2c-a019-4920-b3c3-6f72c3b29331

Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME

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agent

Denise Petti, CREN, CBDA

Agent

+1(609) 760-4334

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