Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $211
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
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.
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
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
Virtual Tour https://my.matterport.com/show/?m=C7u4pAxxgua
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