1901 N 23RD ST Philadelphia, PA 19121
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,850 sqft
Price per Sqft $78
Subdivision Stanton
MLS Listing ID PAPH2519564
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
Source BRIGHT
Property Description
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!
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
Virtual Tour https://view.ricoh360.com/d672bc2c-a019-4920-b3c3-6f72c3b29331
