$325,000
$325,000
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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
Parking Type On Street
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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Bought with Melissa Rae Theodule • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "