$445,000

Property Description

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.

Property Facts & Features

Property Type

Single Family

Status

Active

Listed

Jul 15, 2026

Price per Sq Ft

$193/sqft

ZIP Code

19121

Full Baths

3

Stories

3

Parking

Off Street

Heating

90% Forced Air

Cooling

Central A/C, Ductless/Mini Split

Construction

Masonry

Style

Traditional

Property Tax (2015)

$1,061/yr

Assessed Value

$79,200

Neighborhood

Lower North

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.98351 · Lng -75.16650