1735 S 23RD ST, Philadelphia, PA 19145
1735 S 23RD ST, Philadelphia, PA 19145
1735 S 23RD ST, Philadelphia, PA 19145
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John Coleman

John Coleman

+1(202) 427-9689
Listed by Ryan McManus • Keller Williams Liberty Place
$1,400,000
Est. payment /mo
1,984 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Point Breeze

MLS Listing ID PAPH2547390

Year Built 2021

Annual Tax Amount $1,781

Tax Year 2025

Lot Size 1,984 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source 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

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000361

Ownership Fee Simple

Special Listing Condition Standard

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1735 S 23RD ST

John Coleman
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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