1860 N 23rd St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1860 N 23rd St,Philadelphia, PA 19121
$275,000
- 5 Beds
- 3 Baths
- 2,130 sq. ft.
- Townhouse
- Active
Listed by:jamhur davronov
Office:century 21 advantage gold-southampton
MLS#:PAPH2486084
Source:BRIGHTMLS
Price summary
- Price:$275,000
- Price per sq. ft.:$129.11
About this home
WELCOME HOME! Located in a rapidly developing and up-and-coming neighborhood, 1860 N 23rd St offers a fantastic opportunity to own a spacious and stylish home just minutes from Center City. This beautifully renovated 5-bedroom, 3-bathroom property boasts approximately 2,400 sq ft of modern living space. Inside, you’ll find a bright and open living room, a dining area perfect for entertaining, a tiled kitchen with quartz countertops and brand-new stainless steel appliances, a convenient laundry area just off the kitchen, and Central AC for year-round comfort. The private backyard is perfect for outdoor gatherings. Upstairs, enjoy five generously sized bedrooms and two full bathrooms, including a luxurious master suite with a soaking tub.
From an investment perspective, this property is extremely attractive:
Monthly Rent Potential: $2,200 – $2,500
Annual Gross Rent: $26,400 – $30,000
Net Operating Income (NOI): $26,400 – $30,000
Cap Rate: 8.8% – 10%
Gross Rent Multiple (GRM): 11.36 – 9.99
You’ll also be surrounded by some of Philadelphia’s most popular attractions, including dining favorites like Barbuzzo, Bad Brother, and The Love; nightlife hot spots such as Midnight & The Wicked, Raven Lounge, and The Ranstead Room; and exciting local events like the annual Philly Fest at the nearby 23rd Street Armory. With culture, food, and entertainment just minutes away, this location is full of potential.
Don’t miss your chance to be part of this thriving community—schedule your private showing today!
Contact an agent
Home facts
- Year built:1915
- Listing ID #:PAPH2486084
- Added:128 day(s) ago
- Updated:September 30, 2025 at 01:47 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:2,130 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,130 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$129.11
- Tax amount:$4,540 (2024)
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