433 North 33Rd Street Philadelphia, PA 19104

$421,500
Reduced $3,500
6
Beds
2
Baths
0.04
Acres
2,005
SQFT
210
$/SQFT
$421,500
Reduced
$3,500
6
Beds
2
Baths
2,005   sf
$210 / sf
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Exceptional investment opportunity in the heart of University City and Powelton Village. The property's proximity to universities, hospitals, and amenities makes it ideal for student housing, faculty, staff, and medical professionals.The spacious residence features five bedrooms, two bathrooms, a full living and dining area, an eat-in kitchen, exposed brick throughout, and high ceilings. A front enclosed porch and side and backyard decks offer outdoor space, and on-premises laundry adds convenience.The location is truly unmatched, offering proximity to Drexel Park, Drexel's main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. Additionally, its location within a Qualified Opportunity Zone (QOZ) presents potential tax benefits.Previously rented for $3,500-$4,000 per month, the property is now vacant and ready for minor or major updates to maximize its potential for the upcoming academic semester or down the road. With additional updates, there is potential to further increase rental income. A 3rd floor or roof deck may also be a possibility.Furthermore, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 presents an opportunity for expansion for a larger development project.I encourage you to act quickly on this exceptional investment opportunity. Check out the virtual tour.

Exceptional investment opportunity in the heart of University City and Powelton Village. The property's proximity to universities, hospitals, and amenities makes it ideal for student housing, faculty, staff, and medical professionals.The spacious residence features five bedrooms, two bathrooms, a full living and dining area, an eat-in kitchen, exposed brick throughout, and high ceilings. A front enclosed porch and side and backyard decks offer outdoor space, and on-premises laundry adds convenience.The location is truly unmatched, offering proximity to Drexel Park, Drexel's main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. Additionally, its location within a Qualified Opportunity Zone (QOZ) presents potential tax benefits.Previously rented for $3,500-$4,000 per month, the property is now vacant and ready for minor or major updates to maximize its potential for the upcoming academic semester or down the road. With additional updates, there is potential to further increase rental income. A 3rd floor or roof deck may also be a possibility.Furthermore, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 presents an opportunity for expansion for a larger development project.I encourage you to act quickly on this exceptional investment opportunity. Check out the virtual tour.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Philadelphia
  • Area
    19104
  • Tax Amount
    $6,164
  • Status
    Active
  • Listing #
    PAPH2293002
  • Built
    1930
  • Lot Size
    0.04
  • Listed on site
    517 days
  • Listing Agent Id
    121136532231
  • Co Listing Agent Id
    121136541801

Listed by:
Compass Pennsylvania, LLC

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Heat Electric
  • Main Floor Bedroom

Property History

DateDays AgoEventNew Price
Mar 21, 202511 days agoPrice decreased3,500 (1%)$421,500
Feb 11, 20252 mos agoPrice decreased25,000 (6%)$425,000
Dec 10, 20244 mos agoPrice increased21,000 (5%)$450,000
May 9, 202411 mos agoPrice decreased20,000 (4%)$429,000
Apr 15, 202412 mos agoPrice decreased50,000 (10%)$449,000
Jan 11, 20241 yr agoPrice decreased26,000 (5%)$499,000
Oct 31, 20231 yr agoNew on market$525,000
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Darnell Eaton
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