2317 N 33rd St, Philadelphia, PA 19132

$624,000
2,550
SqFt

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List Price
$624,000
Price Change
▼ $16,000 1785995630
Days on Market
68
Status
ACTIVE
MLS#
PAPH2646168
Living Area
2,550
Lot Size (Acres)
0.04
Style
Straight Thru
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

Investor Opportunity – 2317 N. 33rd Street, Philadelphia, PA 19132 Fully renovated in 2024 with a tax abatement, this legally zoned 4-unit multifamily property presents an outstanding investment opportunity with immediate upside. The property features three 1-bedroom apartments, one studio apartment, and an additional income-producing efficiency space. Investment Highlights: * Legally zoned 4-unit multifamily property * Fully renovated in 2024 * Tax abatement in place * Projected Gross Annual Rental Income: $67,200 * Estimated Stabilized NOI: $51,900 * Approximate Stabilized Cap Rate: 8.0% * Three 1-bedroom apartments, one studio apartment, and additional income-producing efficiency space * Immediate lease-up opportunity with strong long-term rental income potential * Ideal for investors and 1031 exchange buyers A complete investment package, including the current rent roll, operating information, and additional financial details, is available upon request.

Additional Information

Area
19132 (19132)
Subdivision
Strawberry Mansion
Taxes
$2410
School District
Philadelphia City
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454

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