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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/20/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 2020 |
| COMMUNITY | 19121 (19121) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19121 (19121) |
| CONSTRUCTION | Brick Veneer, Concrete |
| HEAT | Electric, Forced Air |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 24.00 x 90.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 5 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 1275 |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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