1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset in North Philadelphia West across from Fairmount Park, featuring 5 spacious residential units - all two or three bedrooms each (average 1,380 SF per unit!) - on a desirable, scenic park-front stretch of North 33rd Street. Acquire this high-quality, low-maintenance, new-build (2020 vintage) with a little over 5 years remaining on a full 10-year property tax abatement. Delivered 100% leased, the property offers both steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
Property Type(s):
Commercial
Last Updated | 4/20/2025 | Tract | NONE AVAILABLE |
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Year Built | 2020 | Community | 19121 (19121) |
County | PHILADELPHIA |
SCHOOLS
School District | PHILADELPHIA CITY |
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Additional Details
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | 19121 (19121) |
CONSTRUCTION | Brick Veneer, Concrete |
HEAT | Electric, Forced Air |
LOT | 2178 sq ft |
LOT DIMENSIONS | 24.00 x 90.00 |
PARKING | On Street |
SEWER | Public Sewer |
STORIES | 5 |
SUBDIVISION | NONE AVAILABLE |
TAXES | 1275 |
VIEW | Yes |
VIEW DESCRIPTION | Park/Greenbelt |
WATER | Public |
Location
Listing provided by Select Commercial Advisors

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Data last updated: 4/21/25 7:39 AM PDT
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