1947 N 33Rd Street, Philadelphia, PA 19121-1867 $1,375,000

# of Units: 4
Interior Sq. Ft: 8,467
Acreage: 0.05
Age:5 years
Taxes: $1,275
MLS#: PAPH2485888
Design/Type:
End of Row/Townhouse

Description

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate 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.

Taxes: $1,275
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Exterior
Concrete Perimeter Foundation, Brick Exterior

Contact Information

Listing Courtesy of: Select Commercial Advisors , (215) 315-3326, info@select-ca.com

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Listing data as of 6/12/2025.