Skip To Content

655 N 33RD Street

PHILADELPHIA, PA 19104
  • $384,900
  • STATUS: Active Under Contract
  • ON SITE: 143 Days
  • ID#: PAPH2009650
Under Contract
UPDATED: 12 min ago
$384,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,315
    SQFT
  • $166
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Description

Drexel University/UPenn Duplex on a great block close to campus with new construction in every direction. This solid building has 2 units that have been fully occupied with no vacancies for the last 8 years. Unit 1 - 3bd/1.5ba bilevel unit with a spacious living room and dining room, renovated kitchen with espresso cabinets, granite countertops, stainless steel appliances, as well as, a convenient powder room on this level. Upstairs features 3 bedrooms and a full hall bathroom with 2 large hall closets. This unit also includes a huge dry unfinished basement great for storage and has the mechanicals and in unit laundry. Large rear yard is great for barbecues and relaxing. Unit 2 - 1bd/1ba setup as a spacious flat with awesome center city skyline views. Good size living room and bedroom and hall bathroom. Both units have under market rents and could use some upgrades to obtain top rents in this desirable+-university area. Both units are on month to month leases and current rents are $2155/month (Unit 1 $1600/month & Unit 2 $555/month). Projected rents are Unit 1 $2200/month and Unit 2 $1100/month totaling $3300/month depending on upgrades. Both tenants pay electric/gas/cable, and the landlord pays water. Developer Opportunity; The lot is huge at 15.5 X 100 ft and the seller has floor plans for a triplex with 3 - 2bd/1ba units and could possibly have 2 - 2bd/1ba units and a 4bd/2ba unit if you finish the basement. If you choose the triplex renovation, rents can exceed $5500/month. Many options for this property especially since it is located in a desirable area that will never lose value with off campus living at high demand. Co-listing agent is the owner.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. 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. Data last updated: 2021-12-07T06:53:03.93.
www.sellingdcmetro.com/homes/119378941
Print Image

655 N 33RD Street PHILADELPHIA, PA 19104

  • Price: $384,900
  • Status: Active Under Contract
  • On Site: 143 Days
  • Updated: 12 min ago
  • ID#: PAPH2009650
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,315
SQFT
$166
$/SQFT
1935
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Drexel University/UPenn Duplex on a great block close to campus with new construction in every direction. This solid building has 2 units that have been fully occupied with no vacancies for the last 8 years. Unit 1 - 3bd/1.5ba bilevel unit with a spacious living room and dining room, renovated kitchen with espresso cabinets, granite countertops, stainless steel appliances, as well as, a convenient powder room on this level. Upstairs features 3 bedrooms and a full hall bathroom with 2 large hall closets. This unit also includes a huge dry unfinished basement great for storage and has the mechanicals and in unit laundry. Large rear yard is great for barbecues and relaxing. Unit 2 - 1bd/1ba setup as a spacious flat with awesome center city skyline views. Good size living room and bedroom and hall bathroom. Both units have under market rents and could use some upgrades to obtain top rents in this desirable+-university area. Both units are on month to month leases and current rents are $2155/month (Unit 1 $1600/month & Unit 2 $555/month). Projected rents are Unit 1 $2200/month and Unit 2 $1100/month totaling $3300/month depending on upgrades. Both tenants pay electric/gas/cable, and the landlord pays water. Developer Opportunity; The lot is huge at 15.5 X 100 ft and the seller has floor plans for a triplex with 3 - 2bd/1ba units and could possibly have 2 - 2bd/1ba units and a 4bd/2ba unit if you finish the basement. If you choose the triplex renovation, rents can exceed $5500/month. Many options for this property especially since it is located in a desirable area that will never lose value with off campus living at high demand. Co-listing agent is the owner.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2315 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Existing Lease Type Month To Month Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 800849378354 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3770.00 Tax Assessment Amount 269300.00 Tax Lot 120 Total Actual Rent 25860.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Keller Williams Philadelphia.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. 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. Data last updated: 2021-12-07T06:53:03.93.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800849378354-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800849378354-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_800849378354-2.jpg
Logo
AG Residential | KW Metro Center
1701 Duke St Ste 100
Alexandria VA, 22314