1947 N 33rd St, Philadelphia, PA 19121 | Expired

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  • (0)
  • 4 Units
  • 8,467 Sq Ft
  • 2,160 Sq Ft
  • Unknown Cap Rate
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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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,370,000
Property Type Other
Usable Sqft 8,467
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2020
Last Sold Unknown
Sold Price Unknown
APN # 881000970
MLS # PAPH2485888
Property ID 321823069
Lot Sqft 2,160
Zoning RM1
Total Units 4
Date Updated December 08, 2025
Date Created May 21, 2025

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Samantha Lee Miller an agent of . Lic #RS352351


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Data last updated: December 17, 2025.
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