$225,000

1901 N 23RD ST, Philadelphia, PA 19121

  • Property Icon other
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Exceptional Investment Opportunity in One of Philadelphia’s Fastest-Growing Neighborhoods! Positioned near the vibrant communities of Brewerytown and Strawberry Mansion, this expansive 2-story corner property boasts 2,850 square feet and comes with approved zoning for a total of five units. It's the ideal foundation for a high-potential mixed-use development. Blueprints are already in place for a smartly designed configuration featuring two commercial spaces on the ground level and three residential apartments above—one 1-bedroom unit and two 2-bedroom units. Currently in shell condition, the property is ready for a full renovation, offering a blank canvas for investors or developers to bring their vision to life. Whether you plan to build a lucrative rental portfolio, renovate for resale, or create a hybrid live-work space, this property provides outstanding flexibility and multiple exit strategies. An owner-occupant could choose to live in one of the residential units while collecting rent from the others to offset monthly expenses. Likewise, business owners could operate out of one of the commercial spaces and use the rental income from the residential units to lower overhead costs. Located in an area experiencing strong development and appreciation, this is a strategic purchase for anyone looking to capitalize on growth. Zoning approvals and blueprints are already in place, making it easier to start construction quickly. Don’t miss this chance to secure a promising asset in a neighborhood with tremendous upside. Schedule your private tour today!

Listing Status:
Active
Listing Office:
RE/MAX @ HOME : 2156073535
Listing Agent:
Maria Maria Quattrone Quattrone : 2156073523
MLS ID:
PAPH2519564
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

V

Vaux Big Picture High School

2300 W Master St, Philadelphia, PA, 19121

Grades 12-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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