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2331 N 33RD STREET, PHILADELPHIA, PA, 19132- Search - Elizabeth Lane Real Estate Inc.

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$1,355,000
1 Day On Site

2331 N 33RD STREET
PHILADELPHIA, PA 19132

For Sale|Multi Family|Active
15
Beds
0
Total Baths
6,240
SqFt
$217
/SqFt
2016
Built
County:
PHILADELPHIA
Listing courtesy of Trophy Commercial Real Estate LLC
2331 N 33RD STREET2331 N 33RD STREET2331 N 33RD STREET2331 N 33RD STREET
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Monthly Payment (Est.)

$6,182
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2331-33 N 33rd Street, a newly constructed, fully stabilized six-unit multifamily property ideally situated across from Fairmount Park in North Philadelphia. The property has 9 years remaining on Philadelphia’s 10-Year Step-Down Tax Abatement program, which significantly reduces rea estate taxes in the eary years of ownership and enhances investor returns. Completed in 2024 and fully leased in early 2025, this turnkey investment features brand-new building systems, condo-grade interiors, and a balanced unit mix that includes premium 3-bedroom units with private roof decks. Ideally located across from Fairmount Park and minutes from the Art Museum and Brewerytown, the property benefits from strong renta demand driven by proximity to outdoor amenities, neighborhood retail, and rapid access to Center City. The asset generates almost $10,000 per month in gross renta income, benefiting from Phiadephia’s 10-year step-down tax abatement, which starts at 100% in Year 1 and phases out annually. Offered at a 7.25% cap rate and $196.38 per SF, this offering represents an excellent opportunity to acquire a cash-flowing multifamily asset in a high growth corridor at an attractive basis. We have been exclusively retained to market the property and welcome inquiries from qualified investors.

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Listing Snapshot
Price 
$1,355,000
Days On Site 
1 Day
Bedrooms 
15
Inside Area (SqFt) 
6,240 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
2016
MLS® Number 
PAPH2531152
Status 
Active
Property Tax 
$1,128
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.06
Parking 
On StreetOther
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6240
SqFt Total 
6240
Style 
Other
Water Source 
Public
Zoning 
CMX2
Interior Features
Appliances 
Electric Water Heater
Cooling 
OtherElectric
Heating 
ElectricForced Air
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19122 (19122)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Trophy Commercial Real Estate LLC



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Neighborhood & Commute
Source: Walkscore
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