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1901 N 23rd St
Coming Soon $249,000
$249,000
- 5 Units
- Unknown Sq Ft
- 1,444 Sq Ft
- Unknown Cap Rate
Description
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. All individuals entering the premises must sign a release and hold harmless agreement before an appointment can be confirmed. Schedule a showing today to explore this excellent investment opportunity.
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Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $249,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882936100 |
| MLS # | PAPH2447612 |
| Property ID | 321302080 |
| Lot Sqft | 1,444 |
| Zoning | CMX1 |
| Total Units | 5 |
| Date Updated | February 26, 2025 |
| Date Created | February 25, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Maria Maria Quattrone Quattrone an agent of . Lic #RS281573
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Data last updated: February 28, 2025.
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