About This Home
This 6-bedroom, 3-bathroom single family at 1923 N 20TH Street in Philadelphia, PA is listed for $450,000 ($196 per sqft). Built in 1915, the home offers 2,300 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1915
- 0.04 acre lot
- 3 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1923 N 20TH Street
Philadelphia, PA 19121
NORTH CENTRAL
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 3-bathroom single family at 1923 N 20TH Street is listed at $450,000 ($196/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1915, 0.04 acre lot, 3 stories. Interior Features: Carpet, Combination Kitchen/Dining.
This property is listed by Diana Rivera and can be reached at 2676786797.