Prime investment opportunity in one of Philadelphias 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 unitsoffering 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. Dont miss your chance to invest in a location with strong upside and growth potentialschedule your showing today!
Presented By: RE/MAX @ HOME
Interior Features for 1901 N 23Rd Street
Other Interior Features
Central Air Y/NNo
Heating FuelNone
Hot WaterElectric
Number of Elevators
Total Stories2
General for 1901 N 23Rd Street
Acceptable FinancingCash, Other
AccessibilityNone
Association Recreation FeeN
Business TypeOther/General Retail, Restaurant/Bar, Apartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsFrom 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.
HeatingNone
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet1444.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-07-20T20:25:59
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate
Possible UseApartments, Commercial, Flex Space, Mixed Use, Multi-Family, Retail, Other
Price Per Sq Ft Total AG78.95
Property ConditionMajor Rehab Needed
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSTANTON
Tax Annual Amount1114.0
Tax Assessed Value79600.0
Tax Lot35
Tax Year2025
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
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