1735 S 23RD ST new to site

Philadelphia,PA 19145

$ 1490000

- Bed

- Bath

7602 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 7,602 sqft

Price per Sqft $196

Subdivision Point Breeze

MLS Listing ID PAPH2546916

Style Contemporary

Abv Grd Liv Area 7,602

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 Interior Row/Townhouse

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 6.25% 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

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 7602

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000361

Ownership Fee Simple

SqFt Source 7602

Special Listing Condition Standard

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