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1947 N 33rd St
For Sale $1,375,000 ($162.40 per Sq Ft)
$1,375,000 ($162.40 per Sq Ft)
- 4 Units
- 8,467 Sq Ft
- 2,160 Sq Ft
- Unknown Cap Rate
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
Property Details
| List Price | $1,375,000 |
| 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 |
| Days on Market | 34 |
| Original List Price | Unknown |
| Date Updated | June 03, 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: June 24, 2025.
Robert Crawford
REAL ESTATE AGENT