1901 N 23RD ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $78
Subdivision Stanton
MLS Listing ID PAPH2502026
Style Traditional
Abv Grd Liv Area 2,850
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
Source BRIGHT
Property Description
Prime investment opportunity in one of Philadelphia's rapidly growing neighborhoods near Brewerytown and Strawberry Mansion. This expansive 2-story corner property spans 2,850 square feet and comes with approved zoning for five total units—offering the perfect foundation for a profitable mixed-use development. Blueprints are already in place for a thoughtfully designed layout featuring two ground-floor commercial spaces and three residential apartments: one 1-bedroom unit and two 2-bedroom units. The property is currently in shell condition and will require a full renovation from top to bottom, giving investors and developers a clean slate to bring their vision to life. Whether you're looking to build a cash-flowing rental portfolio, flip for resale, or create a live-work scenario, this property offers incredible flexibility and multiple exit strategies. An owner-occupant could reside in one of the units while collecting rental income from the others, significantly offsetting mortgage costs. Similarly, a business owner could utilize one of the commercial spaces and benefit from residential rental income to reduce overhead. The surrounding area has seen significant development and appreciation, making this a timely and strategic acquisition. All zoning approvals and blueprints are readily available, streamlining the path to construction. Don't miss your chance to invest in a location with strong upside and growth potential—schedule your showing today!
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