2317 N 33rd St, Philadelphia, PA 19132
- $624,000
- 2,550
- SqFt
- List Price
- $624,000
- Price Change
- ▼ $16,000 1785995630
- Days on Market
- 33
- 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.
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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
Mortgage Calculator
Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454