1901 N 23rd Street
Philadelphia, PA 19121
- – beds
- – baths
- 2,850 sqft
- 1,444 sqft lot
- $87 per sqft
- 1915 build
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.
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Last updated Apr 4, 2025
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MLS# PAPH2465818 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Year Major Reno/Remodel:2006
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Roof:Rubber
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New Construction:No
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Construction Materials:Masonry
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Building Levels:2
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Building Units Total:4
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Structure Type:Other
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Historic:No
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2850
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2850
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Living Area SqFt:2,850 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Other
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Possession:Immediate
Location
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Directions:From 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.
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Cross Street:W Berks St
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Latitude:39.98366000
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Longitude:-75.17160000
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Location Type:Urban
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Major Rehab Needed
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:19.00 x 75.00
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Lot Dimensions Source:Assessor
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Lot Features:Corner
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Lot SqFt:1,444 Sqft
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Zoning:CMX1
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View:City, Street
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:BB0
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 607-3523
- Office phone:
- (215) 607-3535
Taxes
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Tax ID Number:882936100
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Tax Year:2025
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Tax Lot:35
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Tax Annual Amount:$1,114
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Tax Assessed Value:$79,600
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Year Assessed:2025
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School Tax:623.0
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City/Town Tax:490.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating Type:None
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Heating Fuel:None
Utilities
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Utilities:Electric Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Stanton
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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Association Recreation Fee:No
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Municipal Trash:Yes
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Single Room Units:2
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/4/25
Apr 4, 2025
|
Listed / Active | BRIGHT | $249,000 |