3 Year New Construction 4 unit Quadplex, directly across from Fairmount Park! At a 6.5 Cap Rate! High-quality construction materials were used to help lower maintenance costs while increasing rent rolls! Built using European tilt windows, luxury waterproof scratch-resistant vinyl, hardwood cabinets, Delta fixtures, all new appliances, and much much more. 7 years remaining on the Tax Abatement! An all-electric building to keep expenses to a minimum and pass electrical costs on to the Tenants .Layout and rents: Unit 1 - 3bedroom 3 bathroom split level 1st floor and basement unit, Approx 1400sqf. Projected Rent Roll $2000 per month. Unit 2- Approx 450sqf Studio apartment on 2nd floor with a 150sqf balcony overlooking the park! Rent Roll of $1050 a month. Unit 3-Approx 600sqf 1bedroom 1bathroom apartment on 2nd floor. Rent Roll of $1250-1450 a month. Unit 4-Approx 1050sqf 2bedroom 2 bath 3rd floor apartment with a private 800sqf Rooftop Deck overlooking the city skyline and Fairmount Park! Rent Roll $1950 a month. Total Rent Roll 6250-6450 a month. GREAT INVESTMENT OPPORTUNITY, and watch this area of Philadelphia continue to grow and increase in value!!!!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2021
Living Area: 2,919 SqFt
Listing Office:
Office Name: Real of Pennsylvania
Office Phone: (855) 450-0442
Listing Agent: Michael J Brown Jr.
Interior Features
Interior Information:
Appliances: Stainless Steel Appliances
Basement: Yes
Flooring Type: Engineered Wood
Interior: Floor Plan - Open
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Very close to the intersection of Ridge Ave and N 33rd St. Right across from Fairmount Park.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $975,000
Price Per SqFt: $334/SqFt
Tax Information:
Annual Amount: $112
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $713.1K more than the Median Sold Price and $135/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2365412
Listing Office:
Office Name: Real of Pennsylvania
Office Phone: (855) 450-0442
Listing Agent: Michael J Brown Jr.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Richard R. Wright Elementary School
2700 W Dauphin St
Distance between this listing and this school0.47 miles
Public District Grades KG-5
1
/10
Thomas May Peirce Elementary School
2300 W Cambria St
Distance between this listing and this school1.00 miles
Public District Grades KG-6
2
/10
Kipp North Philadelphia Charter School
2539 N 16th St
Distance between this listing and this school1.47 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Dr. Ethel D. Allen School
3200 W Lehigh Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-8
3
/10
Blaine Academics Plus School
3001 W Berks St
Distance between this listing and this school0.54 miles
Public District Grades KG-8
2
/10
Edward Gideon School
2817 W Glenwood Ave
Distance between this listing and this school0.65 miles
Public District Grades KG-8
Nearby Schools
3
/10
Strawberry Mansion High School
3133 Ridge Ave
Distance between this listing and this school0.21 miles
Public District Grades 9-11
2
/10
Dobbins Avt High School
2150 W Lehigh Ave
Distance between this listing and this school1.01 miles
Public District Grades 9-12
2
/10
Randolph A. Philip Avt High School
3101 Henry Ave
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $23,770. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
This home is located at 2325 N 33rd St in Philadelphia, PA and zip code 19132 in the Strawberry Mansion neighborhood. This 2,919 square foot home, which was built in 2021, sits on a 0.04 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $975,000.
In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.