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$ 1,400,000
Est. payment /mo
Active
1735 S 23RD ST Philadelphia, PA 19145
1,984 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Lot Size 1,984 Sqft
MLS Listing ID PAPH2547390
Subdivision Point Breeze
Total Units 5
Short Sale No
Originating MLS BRIGHT
Property Description
This 23rd Street five-plex commands instant attention with its striking architecture and curb appeal. Designed by Gnome, one of Philly's leading architectural firms, this 5-unit multifamily building provides a 6.65% CAP in one of Philly's most dynamic locations, swelling with residential demand. The ±7600+ SF apartment property features two (2) 1bd x 1ba units, two (2) 3bd x 3ba units and one (1) 2bd x 2ba bi-level penthouse unit with private deck. Each oversized apartment is flooded with natural light and bright and contemporary fit + finish kit. The spacious units provide plenty of room for occupants, powered by high-efficiency building systems. Above-average rent growth coupled with minimal OPEX and a FULL 10yr tax abatement make 1735 S 23rd ST a coveted real estate investment in a Top-10 USA MSA.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Building
New Construction N
Foundation Concrete Perimeter
Lot Dimensions 0.00 x 0.00
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $1,781
Tax Year 2025
Tax ID 881000361
Ownership Fee Simple
Special Sale Standard
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Listed by Ryan McManus • Keller Williams Liberty Place