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$429,000

Beds
6
Baths
2.0
sq ft
2,005

433 N 33rd St, Philadelphia, PA 19104

433 N 33rd St

PHILADELPHIA, PA 19104

  • 388 days on market
    • Price drop $20,000↓
This is an incredible opportunity in the heart of University City and Powelton Village! The location is ideal for student housing, faculty staff, and medical professionals, with its proximity to universities, hospitals, and other amenities. The property itself offers plenty of space with 6 bedrooms and 2 bathrooms. The full living and dining space, eat-in kitchen, exposed brick throughout, and high ceilings add to its charm. The front enclosed porch, side and backyard deck provide outdoor space for residents to enjoy. The on-premises laundry is also a great convenience. Currently rented for $3,350 per month, there is room for potential rent increase, as it has rented for up to $4,000 per month in the past. With some minor or major updates, there is even more potential to increase the rental income. Additionally, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 adds even more potential to this opportunity. This could be a great investment for someone looking to expand their real estate portfolio in prime Powelton village or do a much larger development project. The location is truly unmatched, with its proximity to Drexel Park, Drexel main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. It offers convenience and accessibility to a variety of amenities. This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast!

Details

Property type

Lot size

1,672 sq ft

Price per sq ft

$214

Year built

1930

Annual property taxes

$6,164

HOA

No

Price History

05/20/2024
Bright

Bright #PAPH2293002

Listed
$429,000
+20.85%
02/27/2020
Bright

Bright #PAPH847050

Sold
$355,000

Schools & Community

Neighborhood: 

Mantua

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Status: Active

Tomo last checked: 11/22/2024 at 10:45 AM

Listing updated: 08/25/2024 at 4:43 AM

Listed by: Reda B Akbil, Compass RE Phone #: (267) 435-8015

MLS: Bright #PAPH2293002

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