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1860 N 23rd Street, Philadelphia, PA 19121

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For Sale
Price Reduced

$279,000

5 beds • 2 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Townhouse
    Property type

Explore this Property

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!
MLS# PAPH2486084

Listed By CENTURY 21 Advantage Gold

Property Features

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Map and Directions

Directions to 1860 N 23rd Street, Philadelphia, PA 19121

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.