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.
Presented By: RE/MAX @ HOME
Interior Features for 1901 N 23Rd Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Hot WaterElectric
Number of Elevators
Total Stories2
General for 1901 N 23Rd Street
Acceptable FinancingCash, Other
AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsFrom Broad St, head west on Cecil B Moore Ave. Turn right onto N 23rd St, and continue for about two blocks. The destination, 1901 N 23rd St, will be on your right.
Garage Y/NNo
HeatingNone
Historic Y/NNo
Home Warranty Y/NNo
Location TypeUrban
Lot Size Square Feet1444.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-05-27T15:19:21
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG82.42
Property ConditionMajor Rehab Needed
Property SubtypeOther
Property TypeMulti-Family
RoofRubber
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count2
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameSTANTON
Tax Annual Amount1114.0
Tax Assessed Value79600.0
Tax Lot35
Tax Year2025
Total SQFT2850
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
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