UPDATED:
08/25/2024 08:38 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $213
Subdivision Powelton Village
MLS Listing ID PAPH2293002
Style Other
Bedrooms 6
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,005
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $6,164
Tax Year 2024
Lot Size 1,672 Sqft
Acres 0.04
Lot Dimensions 22.00 x 76.00
Property Description
Currently rented for $3,350 per month, there is room for potential rent increase, as it has rented for up to $4,000 per month in the past. With some minor or major updates, there is even more potential to increase the rental income. Additionally, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 adds even more potential to this opportunity.
This could be a great investment for someone looking to expand their real estate portfolio in prime Powelton village or do a much larger development project.
The location is truly unmatched, with its proximity to Drexel Park, Drexel main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. It offers convenience and accessibility to a variety of amenities. This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA3
Rooms
Basement Unfinished
Main Level Bedrooms 6
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 241218200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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