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.
| MLS # | PAPH2646168 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 75 |
| Listing Provided By | Keller Williams Liberty Place | Alyce Gerhardt |
| SQ Feet | 2,550 |
|---|---|
| Units | 1 |
| Zoning | RM1 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2410 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| Community Name | STRAWBERRY MANSION |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in STRAWBERRY MANSION) | |
Price: $624,000 low | high Med: $119,450 sqft: 2,550 low | high Med: 1,400 $ / sqft: $245 low | high Med: $86 On site: 75 low | high Med: 68 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19132 |
| Area | 19132 (19132) |
| Community Name | STRAWBERRY MANSION |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in STRAWBERRY MANSION) | |
Price: $624,000 low | high Med: $119,450 sqft: 2,550 low | high Med: 1,400 $ / sqft: $245 low | high Med: $86 On site: 75 low | high Med: 68 | |