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Kevin Heselbach

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$ 429,000

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Active

433 N 33RD ST Philadelphia, PA 19104

6 Beds

2 Baths

2,005 SqFt

UPDATED:

08/25/2024 08:38 AM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,005 sqft

Price per Sqft $213

Subdivision Powelton Village

MLS Listing ID PAPH2293002

Style Other

Bedrooms 6

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,005

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $6,164

Tax Year 2024

Lot Size 1,672 Sqft

Acres 0.04

Lot Dimensions 22.00 x 76.00

Property Description

This is an incredible opportunity in the heart of University City and Powelton Village! The location is ideal for student housing, faculty staff, and medical professionals, with its proximity to universities, hospitals, and other amenities. The property itself offers plenty of space with 6 bedrooms and 2 bathrooms. The full living and dining space, eat-in kitchen, exposed brick throughout, and high ceilings add to its charm. The front enclosed porch, side and backyard deck provide outdoor space for residents to enjoy. The on-premises laundry is also a great convenience.
Currently rented for $3,350 per month, there is room for potential rent increase, as it has rented for up to $4,000 per month in the past. With some minor or major updates, there is even more potential to increase the rental income. Additionally, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 adds even more potential to this opportunity.
This could be a great investment for someone looking to expand their real estate portfolio in prime Powelton village or do a much larger development project.
The location is truly unmatched, with its proximity to Drexel Park, Drexel main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. It offers convenience and accessibility to a variety of amenities. This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA3

Rooms

Basement Unfinished

Main Level Bedrooms 6

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 241218200

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Listed by Reda B Akbil • Compass RE

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

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