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- $875k Price
- 3,348 Sqft
- .07 Acres
- 48 DOM
401 N 33rd St
Rare opportunity to acquire an established portfolio of 28 units (52 Beds) across four buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.3% cap rate. Portfolio price is $5,100,000 for all four buildings, or purchase separately. 401 North 33rd Street is a 6 unit building (3 x 1 bed units, 2 x 2 bed units, 1 x studio unit), offered at $875,000. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.
Essential Information
- MLS® #PAPH2520394
- Price$875,000
- Bathrooms0.00
- Square Footage3,348
- Acres0.07
- Year Built1920
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusActive
Community Information
- Address401 N 33rd St
- Area19104
- SubdivisionPOWELTON VILLAGE
- CityPHILADELPHIA
- CountyPHILADELPHIA-PA
- StatePA
- MunicipalityPHILADELPHIA
- Zip Code19104
Interior
- HeatingHot Water, Radiator
- CoolingWindow Unit(s)
School Information
- DistrictPHILADELPHIA CITY
Additional Information
- Date ListedJuly 24th, 2025
- Days on Market48
- ZoningRTA1
Listing Details
- OfficeSelect Commercial Advisors
- Office Contact(215) 315-3326
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Listing information last updated on September 9th, 2025 at 10:31am CDT.