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Fully renovated and stabilized triplex in a prime South Philadelphia location with strong in-place cash flow and exceptionally low taxes due to tax abatement. This turnkey investment property consists of one spacious 2-bedroom unit and two well-appointed 1-bedroom units, all separately metered and fully occupied with quality tenants. The property underwent a comprehensive permitted renovation including updated mechanicals, plumbing, electrical, kitchens, baths, flooring, and finishes throughout. Ideal opportunity for an investor seeking a low-maintenance asset with immediate income and long-term upside. Current ownership has maintained the property professionally with detailed financials available, including rent roll and T12 operating history. Excellent location convenient to Center City, Passyunk Avenue, public transportation, restaurants, and major employment centers. Showings will be limited to qualified buyers only with proof of funds or lender pre-approval required prior to scheduling. Please do not disturb tenants.
Listed by James P Brand of Tesla Realty Group,LLC

Property Details of 1839 23rd Street

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