David E. Pelletier
SQUARE FEET2,550
MLS#PAPH2646168
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTRAWBERRY MANSION
SCHOOLPHILADELPHIA 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Electric
Heating: Central
Home Style: Straight Thru
Lot Size: 0.04 Acres
Taxes: $2,410
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 5
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 0
Units: 1
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agent Name: David Pelletier
Agent Phone: Contact: (717) 361-HOME
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,771.59 per month $1,388.75 Principal & Interest $200.83 Property Tax $182.00 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
2317 N 33rd Street | MLS# PAPH2646168
This multi-family property located at 2317 N 33rd Street, Philadelphia, PA 19132 is currently listed for sale with an asking price of $624,000. N 33rd Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.davidshometohome.com today.