Philadelphia, PA 19121,1841 N 33RD ST

$325,000

$325,000

Est.Price: ?

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Est. payment /mo

2,790 SqFt


SOLD DATE : 01/30/2024

Key Details

Sold Price $325,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $116

MLS Listing ID PAPH2301308

Sold Date 01/30/24

Style Victorian

Abv Grd Liv Area 2,790

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $5,292

Tax Year 2022

Lot Size 1,847 Sqft

Acres 0.04

Lot Dimensions 20.00 x 92.00

Property Description

***INVESTOR ALERT***

Discover 1841 N 33rd St, a triplex with immense potential in Philadelphia's vibrant Strawberry Mansion neighborhood, directly across from Fairmount Park. This property is a remarkable opportunity for investors or those seeking a multi-unit home, located amidst a blend of historic charm and exciting new developments.

Dynamic Location:
- Situated across from Fairmount Park, Smith Playground, Sedgley Disc Golf, and the Discovery Center.
- Proximity to the Art Museum District, Boathouse Row, Kelly Drive, and Center City.
- Just minutes from Downtown, with accessible commuter routes and Bus 32 at the block's end.
- Nestled between East Falls to the north and Brewerytown to the south.
- In the heart of a neighborhood experiencing significant development:
— New developments at N 33rd St and Oxford by Habitat for Humanity, including the Coltrane Commons, inspired by John Coltrane's historic house on the 1500 block of N 33rd St.
— The mixed-income and mixed-use building proposal by Mosaic Development at 33rd and Berks, detailed on their website and atlas.phila.gov.
— Newly approved townhome community at N 32nd and Montgomery St.
— Multiple new construction multifamily units on the 2200 block of 33rd St.

Property and Renovation Potential:
- Offered AS-IS, requiring renovations to reach livable condition and maximize rental potential.
- Includes one 2-bed/1-bath and two 3-bed/1-bath units.
- Needs new boilers, hot water heaters, and other updates.
- Only common electric currently operational.

Additional Investment Opportunity:
Opportunity to bundle with the adjacent 4-unit building at 1839 N 33rd St, fully renovated in 2018, for a 7-unit multifamily property.

Investment Insights:
With its prime location and significant renovation potential, this triplex is a canvas for investors or those looking to develop a high-yield rental property. The opportunity to acquire and renovate this property, along with the option to bundle it with a neighboring renovated building, offers a unique and lucrative investment.

Discover the possibilities at 1841 N 33rd St – schedule your viewing today!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas, Electric

Heating Radiator

Cooling None

Flooring Vinyl, Carpet, Wood

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Roof Type Built-Up,Flat,Shingle

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls,Unfinished Walls

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 323340700

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kira Hibbert • EXP Realty, LLC
Bought with Melissa Rae Theodule • Coldwell Banker Realty
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1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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