2317 N 33rd St, Philadelphia, PA 19132

Property Description

Investor Opportunity – 2317 N. 33rd Street, Philadelphia, PA 19132 Fully renovated in 2024 with a tax abatement, this legally zoned 4-unit multifamily property presents an outstanding investment opportunity with immediate upside. The property features three 1-bedroom apartments, one studio apartment, and an additional income-producing efficiency space. Investment Highlights: * Legally zoned 4-unit multifamily property * Fully renovated in 2024 * Tax abatement in place * Projected Gross Annual Rental Income: $67,200 * Estimated Stabilized NOI: $51,900 * Approximate Stabilized Cap Rate: 8.0% * Three 1-bedroom apartments, one studio apartment, and additional income-producing efficiency space * Immediate lease-up opportunity with strong long-term rental income potential * Ideal for investors and 1031 exchange buyers A complete investment package, including the current rent roll, operating information, and additional financial details, is available upon request.