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Asking Price - $1,355,000
Days on Market - 23
2331 N 33rd Street
Philadelphia, PA 19132
Featured Agent
EveryHome Realtor
Asking Price
$1,355,000
Days on Market
23
# of Units
4
2 Bdrm Units
3
3 Bdrm Units
3
Acres
0.06
Interior SqFt
6,240
Age
9
Heating
Electric
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
1,128
Additional Details Below
EveryHome Realtor
Views: 8
Featured Agent
EveryHome Realtor
Description
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.
Location
Driving Directions
At the corner of N 33rd Street and W York Street
Listing Details
Exterior Features
Exterior Features
•Masonry
Utilities
Heating
•Forced Air, Electric
Miscellaneous
Lattitude : 39.992760
Longitude : -75.185940
MLS# : PAPH2531152
Views : 8
Listing Courtesy: Saam Tashayyod of Trophy Commercial Real Estate LLC
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Notes
Page: © 2025 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 2025 Bright MLS, Inc.
Presentation: © 2025 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
