651 N 33RD ST, Philadelphia, PA 19104
651 N 33RD ST, Philadelphia, PA 19104,Video Tour
651 N 33RD ST, Philadelphia, PA 19104
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Aaron Jones • Iron Valley Real Estate Exton
$749,900
Est. payment /mo
2,969 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,969 sqft

Price per Sqft $252

MLS Listing ID PAPH2576796

Style Other

Abv Grd Liv Area 2,315

Year Built 1935

Available Date 2026-01-30

Annual Tax Amount $2,423

Tax Year 2025

Lot Size 1,550 Sqft

Acres 0.04

Lot Dimensions 15.00 x 101.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to 651 N 33rd Street. An exceptional triplex opportunity for investors, owner occupants or college parents seeking to house their student while building equity and generating income. With proximity to Drexel & UPenn, parents can provide secure housing for their child in one unit while the remaining units cover the mortgage and expenses.


Unit 1 and 2 are both 2 bedroom, 1 bath each occupied on yearly leases at $1450 a month . Unit 3 is a vacant 5 bedroom, 3 bathroom unit which was most recently owner-occupied with individual room rentals. This versatile 3rd unit includes a self-contained efficiency with its own mini kitchen and private bath, ideal for maximizing rental income. Historic room rental rates have been $900, $800, $700, $700, and $650 per month, providing a monthly income of $3,750 from this unit alone.

Comprehensively renovated in 2017, this turnkey property combines immediate cash flow with significant tax savings. Historic gross annual income is $79,800. Annual operating expenses total approximately $13,602. Net Operating Income (NOI): $66,175, representing an attractive return for investors seeking cash-flowing real estate with minimal management required. The remaining tax abatement period provides substantial cost savings over the next two years, further enhancing returns.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric, Natural Gas

Exterior

Exterior Feature Deck(s), Porch(es)

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Accessibility None

Porch Deck(s), Porch(es)

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2315

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 242143000

Ownership Fee Simple

SqFt Source 2969

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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