Listed by MPN Realty, Inc.
$725,000
1829 N 33rd Street
Details
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 6.3%
NOI $45,673
Class C
Year Built 1915
Year Renovated 2019
Buildings 1
Stories 3
Lot Size (SqFt) 1,836
Zoning RM-1
4-UNIT MULTIFAMILY INVESTMENT
Marketing description
MPN Realty, Inc., is proud to present the exclusive sale of 1829 N 33rd Street, a 3,271 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This three-story building consists of five (5) residential units, including three (3) 1 bedroom/1-bath units, one (1) 2-bedroom/2-bath unit, and one (1) 3-bedroom/2-bath unit. The property is currently licensed for four (4) units, presenting a unique opportunity for an owner-occupant. The 5th unit is not part of the zoning nor is licensed. Situated in rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.
Listing Contacts
Listed by MPN Realty, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,673.00
$3,806.08/mo
Valuation Metrics
0
DSCR
6.3%
Cap Rate
6.3%
ROI
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