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1839 S 23rd St

Philadelphia PA 19145

4
2080 sq. ft.
1307 sq. ft.
Duplex
Currently for sale - view listing

Overview

Fully renovated and stabilized triplex in a prime South Philadelphia location with strong in-place cash flow and exceptionally low taxes due to tax abatement. This turnkey investment property consists of one spacious 2-bedroom unit and two well-appointed 1-bedroom units, all separately metered and fully occupied with quality tenants. The property underwent a comprehensive permitted renovation including updated mechanicals, plumbing, electrical, kitchens, baths, flooring, and finishes throughout. Ideal opportunity for an investor seeking a low-maintenance asset with immediate income and long-term upside. Current ownership has maintained the property professionally with detailed financials available, including rent roll and T12 operating history. Excellent location convenient to Center City, Passyunk Avenue, public transportation, restaurants, and major employment centers. Showings will be limited to qualified buyers only with proof of funds or lender pre-approval required prior to scheduling. Please do not disturb tenants.

Features

4 bedrooms
2080 sq. ft. floor area
1307 sq. ft. lot size
Duplex

Property history for 1839 S 23rd St

2019
Sold
$150,000
21 Oct 2019 by Robert Hoobler, of REMAX Dream | Ladys Island

Happy sellers in Philadelphia

<50%
Less than 50% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 12 four-bedroom duplexes similar to 1839 S 23rd St, have been sold.

This represents a 83% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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