1901 N 23RD ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $87
Subdivision Stanton
MLS Listing ID PAPH2447612
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 Mixed Use
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. All individuals entering the premises must sign a release and hold harmless agreement before an appointment can be confirmed. 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
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
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