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Reda Akbil

433 N 33rd STREET

$499,000 433 N 33rd St, Philadelphia, PA 19104
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!
  • For Sale
    Status
  • 6
    Bedrooms
  • 2
    Bathrooms
  • 1930
    Year Built
  • 2,005 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,005 Sq.Ft.
  • Lot Size: 1,742.4 Sq.Ft.
  • MLS® ID: PAPH2293002
  • Type: Residential
  • Year Built: 1930
  • Architecture Styles: Other
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Interior

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior & Building

  • Stories: 2
  • Water Source: Public
  • Heat Type: Baseboard, Natural Gas
  • Sewer: Public Sewer

Financial

  • Sales Price: $499,000
  • Real Estate Tax: $6,164/yr
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433 N 33rd STREET

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