CHARIS REALTY GROUP

Contemporary

1735 S 23RD STREET

PHILADELPHIA , PA 19145

MLS#: PAPH2546916

$1,400,000

Status: Active
Listing number: PAPH2546916
Listing provided by: Keller Williams Liberty Place
Listing agent phone: None
Last update: 2 months ago
On site: 3 months ago
Browse Properties
POINT BREEZE - Residential Income

Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

2021

Sq.Footage

7,602

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.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Above Grade Finished Area

    7602.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $1,400,000

  • Tax Amount

    1781.0

  • Sq. Footage

    7, 602

  • Price/SqFt

    $184

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    92

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Nicole Aliev

AGENT

Nicole Aliev

Call Nicole today to schedule a private showing.

(301) 305-5169

nicole@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

1735 S 23RD STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
#PAPH2094662

PHILADELPHIA

1016 COTTMAN AVENUE

7 Beds

None Baths

N/A

$1,680,000

MLS#: PAPH2094662

New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. CURRENTLY LEASED at $8,900/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. 5 Unit Mix: (2) - 3bd /3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 2bd/1.5bath.
#PAPH2571050

PHILADELPHIA

518 W SUSQUEHANNA AVENUE

12 Beds

None Baths

5,952 Sq.Ft.

$1,195,000

MLS#: PAPH2571050

Welcome to this exceptional 4-unit multifamily opportunity, built in 2020, featuring a two-building design situated on a single lot. The property includes four oversized 3-bedroom, 3-bathroom residences, thoughtfully designed for modern urban living. The asset benefits from the original tax abatement, enhancing cash flow and making this a highly attractive investment. Surrounded by new construction, this sought-after Philadelphia location continues to experience strong demand and long-term growth. Positioned just steps from Temple University and within close proximity to Northern Liberties and Fishtown, the property sits in one of the city’s most rapidly developing corridors. This turnkey investment offers meaningful upside through continued rental growth and future rent increases as the neighborhood further evolves. Additionally, the property is located within a Qualified Opportunity Zone, providing potential tax advantages for investors seeking both stable income and appreciation. 8th street building — Unit 1 is rented for 2200 / Unit 2 is rented for 2038 and on the Darien side building - Unit 1 is rented for 2300 with Unit 2 being vacant and advertised for 2100.
#PAPH2577002

PHILADELPHIA

2010 N 8TH STREET

12 Beds

None Baths

1,884 Sq.Ft.

$1,250,000

MLS#: PAPH2577002

Incredible investment opportunity just one block from Temple University! This fully-occupied, mixed-use property features 5 total rental units, including a front-facing commercial space with long-term tenants, and 4 residential units that are ideal for Temple University students. The property generates approximately $101,500 in annual rental income when fully occupied. The property is walking distance to Morgan hall, Liacouras Center, AMC movie theater, Shopping Center and much more The property spans block to block, offering a large back lot with significant development potential. Plans and blueprints for new construction on the lot are included, making this a prime opportunity for future expansion. Don't miss this chance to own a versatile, income-generating property in a high-demand area!
#PAPH2399164

PHILADELPHIA

1542 N 15TH STREET

7 Beds

None Baths

4,230 Sq.Ft.

$1,250,000

MLS#: PAPH2399164

"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST" Global Real Estate Advisors (GREA) is pleased to present the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
#PAPH2575476

PHILADELPHIA

1231 S PHILIP STREET

2 Beds

None Baths

1,440 Sq.Ft.

$1,300,000

MLS#: PAPH2575476

"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST" Global Real Estate Advisors (GREA) is pleased to present the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
#PAPH2575468

PHILADELPHIA

1230 S 2ND STREET

4 Beds

None Baths

1,728 Sq.Ft.

$1,300,000

MLS#: PAPH2575468

Outstanding investment opportunity in University City. This fully renovated four-unit building, completed in 2022/2023, offers a rare combination of modern finishes, strong rental appeal, and prime location near Drexel University and UPenn. The property features three spacious 2-bedroom, 2-bathroom apartments and one 3-bedroom, 2-bathroom apartment, each equipped with in-unit washer/dryer and contemporary design throughout. Unit 2 enjoys private access to a rear yard, Unit 3 includes its own balcony, and Unit 4 boasts a private roof deck with city views—unique amenities that maximize rental demand. With stylish kitchens, updated baths, and thoughtful layouts, the building has been meticulously maintained and designed to attract quality tenants. This is a turn-key, income-producing property in one of Philadelphia’s most desirable rental markets, ideal for both seasoned investors and those looking to expand their portfolio. Inspect and make a serious offer! Annual Rent Roll: $103,200 Annual Operating Expenses: $9,500
#PAPH2530834

PHILADELPHIA

4214 POWELTON AVENUE

9 Beds

None Baths

5,075 Sq.Ft.

$1,199,999

MLS#: PAPH2530834

"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST" Global Real Estate Advisors (GREA) is pleased to present the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
#PAPH2575064

PHILADELPHIA

1228 S 2ND STREET

6 Beds

None Baths

2,457 Sq.Ft.

$1,300,000

MLS#: PAPH2575064

CORNER 5 UNIT BUILDING IN THE HEART OF PASSYUNK SQUARE. Gas and electric are separated. This Unit contains 3 one bedrooms one bath, 1 Two bedroom and one bath, and 1 Large Studio with bathroom. All units have a generous size. Since is a corner building there is plenty of natural light in the units. All units have washer and dryers in it, hardwood floors, three piece bathrooms. All units are currently occupied with room to improve the rents for the area. In front of Capitolo Park, less than two blocks from Genos and Pats steaks, plenty of restaurants and shops around, public transportation and much more. SELLER OPEN TO SELLER'S FINANCING AND PAYING PART OF CLOSING COST.
#PAPH2515472

PHILADELPHIA

1200 S 10TH STREET

5 Beds

None Baths

3,960 Sq.Ft.

$1,166,000

MLS#: PAPH2515472

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service