1923 N 20th St, Philadelphia, PA 19121

$450,000
5
BD
3
BA
2,300
SqFt

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List Price
$450,000
Days on Market
11
Status
ACTIVE
MLS#
PAPH2649054
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,300
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property 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.

Additional Information

Area
19121 (19121)
Subdivision
North Central
Interior Features
Carpet, Combination Kitchen/Dining
School District
Philadelphia City
Flooring
Laminated
Heating
90% Forced Air
Heating Fuel
Central
Cooling
Central A/C, Ductless/Mini-Split
Utilities
Natural Gas Available, Electric Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate - Newtown. Contact: (215) 860-4200

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