1901 23Rd St Philadelphia, PA 19121

This exceptional mixed-use property, located at 1901 N 23rd St in Philadelphia, PA 19121, presents a unique investment opportunity. The 1,444 sq ft lot houses a two-story, 1915-built building encompassing five units: two commercial spaces, two 2-bedroom apartments, and one 1-bedroom, 1-bathroom apartment. Currently zoned CMX1, this property boasts a rare zoning variance. Some structural work is already underway, and blueprints for a full renovation are in progress, making this a turnkey project for a motivated investor. Situated in a highly sought-after zip code experiencing rapid development, with numerous ongoing and completed projects nearby, this property offers strong short-term and long-term returns. The area's high demand for both commercial and residential spaces, coupled with its current status as a commercial desert, presents an untapped market with significant potential for growth. Property values are steadily increasing despite market fluctuations, making this a compelling investment. Construction documents are available for review. The asking price is $284,900. Don't miss this chance to capitalize on a high-growth area in Philadelphia.