1923 N 20th St
Listing Notes
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.
Price in context
Cheaper than 50% of the 24 homes listed nearby right now, which run $265,000 to $575,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1828 N Willington St | $265,000 | 7 bd · 3 ba |
| 1719 W Berks St | $269,000 | 6 bd · 2.5 ba |
| 1951 N Gratz St | $299,000 | — |
| 2005 N 17th St | $299,000 | — |
| 1718 W Norris St | $299,900 | — |
| 1811 N Bouvier St | $304,900 | 6 bd · 3 ba |
| 1800 N 18th St | $350,000 | — |
| 1937 N Gratz St | $375,000 | — |
| 1935-37 W Diamond St | $375,000 | — |
| 1918 N Gratz St | $399,900 | — |
| 1740 N Lambert St | $399,999 | 4 bd · 3 ba |
| 1824 W Norris St | $435,000 | 4 bd · 2 ba |
| 1905 W Diamond St | $459,900 | — |
| 1726 Arlington St | $469,900 | — |
| 1739 W Berks St | $474,900 | — |
| 1807 W Berks St | $495,000 | — |
| 1805 W Berks St | $495,000 | — |
| 1803 W Berks St | $495,000 | — |
| 1842 N 16th St | $499,900 | 7 bd · 2.5 ba |
| 1842 N 16th St | $499,900 | — |
| 1939 N Gratz St | $525,000 | — |
| 2201 N Woodstock St | $550,000 | — |
| 2139 N 18th St | $575,000 | — |
| 2141 N 18th St | $575,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more