Philadelphia, PA 19121,1315 N 23RD ST
Philadelphia, PA 19121,1315 N 23RD ST
Philadelphia, PA 19121,1315 N 23RD ST
Philadelphia, PA 19121,1315 N 23RD ST
Philadelphia, PA 19121,1315 N 23RD ST
Philadelphia, PA 19121,1315 N 23RD ST
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$225,000

$239,900

6.2%
Est.Price: ?

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Est. payment /mo

5 Beds

2 Baths

1,528 SqFt


SOLD DATE : 03/17/2020

Key Details

Sold Price $225,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,528 sqft

Price per Sqft $147

Subdivision Brewerytown

MLS Listing ID PAPH855210

Sold Date 03/17/20

Style AirLite

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,528

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $994

Tax Year 2020

Lot Size 840 Sqft

Acres 0.02

Lot Dimensions 14.00 x 60.00

Property Description

This is an investor s HOME RUN This 4 story, spacious property with high ceilings is a block from Girard College, a couple blocks from Saint Joseph s High School!!! Hottest developing area in the city-BREWERYTOWN!!. New construction literally on every block(2 houses from this property). The pictures of the new construction projects are literally on the same block as this property! The development opportunities are endless. Duplex, triplex or large single home! Any work at this price. INSTANT equity/profit no matter what path you choose. The HARD LABOR has already been done on this property!. This property is literally weeks away from being DRYWALL READY ! The following is a glimpse at the tremendous amount of work that has been done. All plastered walls and flooring have been removed and new plywood has been installed for flooring. Joist work has been completed. The basement has been dug out (13 inches down) to make it a space that can be used as livable . A 12 by 12 trench was dug around the entire perimeter of the basement. A 4 slab was poured in the entire basement using 9 yards of concrete on top of the pound trench. The back wall was cut out in the basement and an egress window was installed and concrete headers for support. The wall on the third floor was cut out to accommodate a large window an installed a double header for support. Chimney work has been completed on this property. Many of the walls have had bonding work completed. This is just a snapshot of the tremendous amount of work that has been done on this property.Give me a call and I can discuss in greater detail the work that has been completed. SIMPLE MATH: $239,000 purchase price plus $200,000 improvement costs equals 439,900 total cost of the project. Properties selling in the neighborhood with similar square footage range from $600,000 to $800,000!!!! This is a no brainer for an investor looking to get into this neighborhood!EXTRA BONUS: Vacant lot next to this property may be able to be purchased from the city. This won t last long at this price in this zip code-Act Fast!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Full

Main Level Bedrooms 5

Interior

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility 32\"+ wide Doors

Parking Type On Street

Garage N

Building

Story 3+

Sewer Other

Water Public

Architectural Style AirLite

Level or Stories 3+

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Bache-Martin

High Schools Robert Vaux

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 291302500

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Adam Daniel Bachmann • Noble Realty Group
Bought with Minh L Thai • Maximum Realty, LC
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95 Dunn Drive Ste 200, Stafford, VA, 22556, USA

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