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1923 N 20TH STREET

PHILADELPHIA, PA 19121

MLS#: PAPH2649054

$450,000

Status: Active
Listing number: PAPH2649054
Listing provided by: Keller Williams Real Estate - Newtown
Listing agent phone: None
Last update: 13 days ago
On site: 18 days ago
Browse Properties
NORTH CENTRAL - Residential

Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1915

Sq.Footage

2,300

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.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Above Grade Finished Area

    2300.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Ductless, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Cleared

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,923

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $450,000

  • Financing Options

    Cash, Contract, Private, VA

  • Sq. Footage

    2,300

  • Price/SqFt

    $195

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Concrete Perimeter

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    313

  • Water Source

    Public

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Listing Courtesy of Diana Rivera , Keller Williams Real Estate - Newtown

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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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.

1923 N 20TH STREET

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