1. Pennsylvania
2. Philadelphia
3. 1947 N 33RD STREET

1947 N 33RD STREET, Philadelphia, PA 19121

• 8,467 sqft

Property 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.

Listing Status:

Active

Date Added:

May 22, 2025 at 05:00AM

Listing Office:

Select Commercial Advisors : 2153153326

Listing Agent:

Samantha Lee Miller : 2153153326

MLS ID:

PAPH2485888

Interior

• A/C: Central A/C
• Heating: YForced AirElectric
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Samantha Lee Miller, Select Commercial Advisors