1215 S 23rd St, Philadelphia, PA 19146
Local realty services provided by:Mountain Realty ERA Powered
1215 S 23rd St,Philadelphia, PA 19146
$899,000
- 5 Beds
- 5 Baths
- 3,000 sq. ft.
- Townhouse
- Active
Listed by: joe hill
Office: homestarr realty
MLS#:PAPH2612044
Source:BRIGHTMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$299.67
About this home
**Motivated Sellers - Open to all offers!** Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia’s most dynamic neighborhoods. Schedule your private showing today!...
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Home facts
- Year built:1915
- Subdivision & Development:POINT BREEZE
- Listing ID #:PAPH2612044
- Added:13 day(s) ago
- Updated:November 12, 2026 at 03:14 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Laminated
- Bathrooms Description:Bathroom 1, Bathroom 2, Bathroom 3
- Kitchen Description:Recessed Lighting
- Bedroom Description:Entry Level Bedroom
- Basement:Yes
- Basement Description:Fully Finished
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Flat
- Year built:1915
- Building area:3,000 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Contemporary
- Construction Materials:Brick, Masonry
- Exterior Features:Exterior Lighting, Patio(s), Roof, Sidewalks, Street Lights
- Foundation Description:Block
- Levels:4 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$299.67
- Tax amount:$3,422 (2026)
Features and amenities
- Laundry features:Laundry
- Amenities:200+ Amp Service, Ceiling Fan(s), Recessed Lighting, Store/Office
Parking
- Parking description:On Street
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