1923 N 20th St,PHILADELPHIA, PA 19121
PHILADELPHIA, PA 19121
Description
Welcome to 1923 N. 20th Street, a beautifully renovated, income-producing property just blocks from Broad Street and Temple University! This turnkey investment is currently generating $3,200 per month from two fully rented 2-bedroom, 2-bathroom apartments, with an additional vacant studio offering the potential to rent for $800-$1,000 per month, bringing the projected gross rental income to approximately $4,000 per month. Offering approximately 2,300 square feet, the property has been completely renovated with modern finishes and features separate utilities, including 3 water heaters, 2 gas meters, and separate electrical service for each unit, with the studio being all-electric. The property also offers two central air HVAC systems serving the main apartments. Currently zoned RSA-5 Residential, the owner is actively pursuing official multifamily zoning approval with the City of Philadelphia. Whether you're looking for a turnkey investment or an owner-occupant opportunity with strong rental income, this exceptional property offers outstanding cash flow potential, low-maintenance living, and a prime location near Temple University, public transportation, shopping, dining, and major roadways. Plans and permits are available upon request.
Details
| MLS # | PAPH2649054 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 99 |
| Listing Provided By | Keller Williams Real Estate - Newtown | Diana Rivera |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,300 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | RSA5 |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C, Ductless/Mini-Split |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Interior Features | Carpet, Combination Kitchen/Dining |
| Appliances | Dishwasher, Dryer - Electric |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Open |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Natural Gas Available, Electric Available |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | NORTH CENTRAL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTH CENTRAL) | |
Price: $445,000 low | high Med: $145,000 sqft: 2,300 low | high Med: 784 $ / sqft: $193 low | high Med: $185 On site: 99 low | high Med: 30 | |
Market Activity 19121
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | NORTH CENTRAL |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORTH CENTRAL) | |
Price: $445,000 low | high Med: $145,000 sqft: 2,300 low | high Med: 784 $ / sqft: $193 low | high Med: $185 On site: 99 low | high Med: 30 | |
