1947 N 33RD ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 8,467 sqft
Price per Sqft $174
MLS Listing ID PAPH2485888
Style Contemporary
Year Built 2020
Annual Tax Amount $1,275
Tax Year 2024
Lot Size 2,160 Sqft
Property Sub-Type End of Row/Townhouse
Property Description
1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset 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.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Special Listing Condition Standard