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Asking Price - $749,900
Days on Market - 61
651 N 33rd Street
Philadelphia, PA 19104
Featured Agent
EveryHome Realtor
Asking Price
$749,900
Days on Market
61
# of Units
3
2 Bdrm Units
2
Acres
0.04
Interior SqFt
2,969
Age
91
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
2,423
Additional Details Below
EveryHome Realtor
Views: 36
Featured Agent
EveryHome Realtor
Description
Welcome to 651 N 33rd Street. An exceptional triplex opportunity for investors, owner occupants or college parents seeking to house their student while building equity and generating income. With proximity to Drexel & UPenn, parents can provide secure housing for their child in one unit while the remaining units cover the mortgage and expenses Unit 1 and 2 are both 2 bedroom, 1 bath each occupied on yearly leases at $1450 a month . Unit 3 is a spacious 5 bedroom, 3 bathroom unit currently owner-occupied with individual room rentals. This versatile unit includes a self-contained efficiency with its own mini kitchen and private bath, ideal for maximizing rental income. Historic room rental rates have been $900, $800, $700, $700, and $650 per month, providing a monthly income of $3,750 from this unit alone. The owner will be relocating upon sale and Unit 3 can be delivered vacant at settlement, giving the new owner complete flexibility to continue the room rental model or lease the entire unit. Comprehensively renovated in 2017, this turnkey property combines immediate cash flow with significant tax savings. Historic gross annual income is $79,800. Annual operating expenses total approximately $13,602. Net Operating Income (NOI): $66,175, representing an attractive return for investors seeking cash-flowing real estate with minimal management required. The remaining tax abatement period provides substantial cost savings over the next two years, further enhancing returns.
Location
Driving Directions
From Center City take Market Street West & turn right onto 33rd. Take 33rd street north towards Fairmont Ave & the home will be on the right hand side. From 76 take the exit at Girard Ave then take 34th Street South to Wallace Street. Take a left
Listing Details
Exterior Features
Exterior Features
•Masonry
Utilities
Cooling
•Central A/C, Electric
Heating
•Forced Air, Heat Pump(s), Electric, Natural Gas
Additional Utilities
•Electric Available, Natural Gas Available, Sewer Available, Water Available
Property History
Apr 1, 2026
Price Decrease
$799,000 to $749,900 (-6.15%)
Miscellaneous
Lattitude : 39.965461
Longitude : -75.190351
MLS# : PAPH2576796
Views : 36
Listing Courtesy: Aaron Jones of Iron Valley Real Estate Exton
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
