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1947 N 33RD STREET, PHILADELPHIA, PA 19121
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$1,370,000
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Home Details for 1947 N 33RD STREET
Price
$1,370,000
Type
Condo/Townhome
Bedrooms
14
Year Build
2020
Sq. Ft.
8467
Lot Size
0.05
County
PHILADELPHIA
Tax
$1,275
MLS®️ Listing#
PAPH2485888
On exitrealty.com
142 days
Property Description
1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate in North Philadelphia West across from Fairmount Park, featuring 5 spacious residential units - all two or three bedrooms each (average 1,380 SF per unit!) - on a desirable, scenic park-front stretch of North 33rd Street. Acquire this high-quality, low-maintenance, new-build (2020 vintage) with a little over 5 years remaining on a full 10-year property tax abatement. Delivered 100% leased, the property offers both steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
- Cooling Information
- Central Air
- Electric
- Heating Information
- Electric
- Forced Air
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: Select Commercial Advisors - 215-315-3326
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-30 02:45:14
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$1,370,000
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143