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Reda Akbil

437 N 32nd St

$539,000 437 N 32nd St, Philadelphia, PA 19104
This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity!This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.
  • For Sale
    Status
  • 2
    Bedrooms
  • 1980
    Year Built
  • 2,418 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,418 Sq.Ft.
  • Lot Size: 1,511 Sq.Ft.
  • MLS® ID: PAPH2369960
  • Type: Multi-Family
  • Year Built: 1980
  • Architecture Styles: Other
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Interior

  • Total Bedrooms: 2
  • Appliances: Electric Water Heater

Exterior & Building

  • Water Source: Public
  • Heat Type: Forced Air, Electric
  • Air Conditioning: Central Air
  • Sewer: Public Sewer

Financial

  • Sales Price: $539,000
  • Real Estate Tax: $7,558/yr

437 N 32nd St

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