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- $1.4M Price
- 8,467 Sqft
- ½ Acres
- 79 DOM
1947 N 33rd St
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.
Essential Information
- MLS® #PAPH2471978
- Price$1,375,000
- Bathrooms0.00
- Square Footage8,467
- Acres0.05
- Year Built2020
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusActive
Community Information
- Address1947 N 33rd St
- Area19121
- SubdivisionNONE AVAILABLE
- CityPHILADELPHIA
- CountyPHILADELPHIA-PA
- StatePA
- MunicipalityPHILADELPHIA
- Zip Code19121
Amenities
- ViewPark/Greenbelt
Interior
- HeatingForced Air
- CoolingCentral A/C
- # of Stories5
Exterior
- ExteriorBrick Front, Concrete/Block
School Information
- DistrictPHILADELPHIA CITY
Additional Information
- Date ListedApril 21st, 2025
- Days on Market79
- ZoningRM1
Listing Details
- OfficeSelect Commercial Advisors
- Office Contact(215) 315-3326
Price Change History for 1947 N 33rd St, PHILADELPHIA, PA (MLS® #PAPH2471978)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,475,000) | $1,375,000 | $100,000 (6.78%) | |
| Active (from Coming Soon) | – | – |
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Listing information last updated on July 8th, 2025 at 8:31am CDT.