Investments Sales Management

Other

133 N 3RD STREET

PHILADELPHIA , PA 19106

MLS#: 1003213269

$1,600,000

Status: Closed
Listing number: 1003213269
Listing provided by: BHHS Fox & Roach-Center City Walnut
Listing agent phone: None
Last update: 2 years ago
Browse Properties
OLD CITY - Residential Income

Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1918

Sq.Footage

6,144

Handsome corner multi-unit building in prime Olde City location. This building consists of a storefront and three loft-style 1 bedroom apartments. Great income property or excellent opportunity to convert to condos! The first floor commercial space is currently "Lost & Found" clothing store, offering a big wide open space, rear storage room and interior access to basement and a rear first floor studio room. The second floor apartment is a 1 bedroom, 1 bath, consisting of approx. 1500 sf with nice eat-in kitchen, full tile bath, wide open living area with refinished pine floors and high ceiling, plenty of natural light and a nice bedroom with 2 closets, carpeting and laundry. The third floor front is a bi-level 1 bedroom with nice maple kitchen with island bar counter, pine floors, exposed ductwork, several windows and steps up to the dramatic bedroom with pine floors and full bath with soaking tub. The third floor rear is a bi-level 1 bedroom with foyer area, wide open living/dining room and kitchen with 4 windows, exposed beams, tile backsplash, laundry and walk-in closet. Spiral steps lead up to the big wide open bedroom with 4 windows, pine floors and double closet. This floor also offers a full bath and open rear area. The common basement offers 4 gas hot water heaters, 3 gas heaters (radiator), an oil heater (radiator for 1st floor), 5 electric meters and 2 electric hot water tanks (one for the store, one for the studio.) The three apartments are separately metered and each offer their own gas hot air heat with central air and electric hot water tanks. Please note rear studio not zoned but rented for $450 verbal month to month. Located in the new and booming tech district!

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6144.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Oil

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    15909.0

  • Sq. Footage

    6, 144

  • Price/SqFt

    $260

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Michael R. McCann , BHHS Fox & Roach-Center City Walnut

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Handsome corner multi-unit building in prime Olde City location. This building consists of a storefront and three loft-style 1 bedroom apartments. Great income property or excellent opportunity to convert to condos! The first floor commercial space is currently "Lost & Found" clothing store, offering a big wide open space, rear storage room and interior access to basement and a rear first floor studio room. The second floor apartment is a 1 bedroom, 1 bath, consisting of approx. 1500 sf with nice eat-in kitchen, full tile bath, wide open living area with refinished pine floors and high ceiling, plenty of natural light and a nice bedroom with 2 closets, carpeting and laundry. The third floor front is a bi-level 1 bedroom with nice maple kitchen with island bar counter, pine floors, exposed ductwork, several windows and steps up to the dramatic bedroom with pine floors and full bath with soaking tub. The third floor rear is a bi-level 1 bedroom with foyer area, wide open living/dining room and kitchen with 4 windows, exposed beams, tile backsplash, laundry and walk-in closet. Spiral steps lead up to the big wide open bedroom with 4 windows, pine floors and double closet. This floor also offers a full bath and open rear area. The common basement offers 4 gas hot water heaters, 3 gas heaters (radiator), an oil heater (radiator for 1st floor), 5 electric meters and 2 electric hot water tanks (one for the store, one for the studio.) The three apartments are separately metered and each offer their own gas hot air heat with central air and electric hot water tanks. Please note rear studio not zoned but rented for $450 verbal month to month. Located in the new and booming tech district!

133 N 3RD STREET

Message successfully sent.

What would you like to know?

Related Properties

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate 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.
#PAPH2485888

PHILADELPHIA

1947 N 33RD STREET

14 Beds

None Baths

8,467 Sq.Ft.

$1,375,000

MLS#: PAPH2485888

Unlock the potential of this rare 10-unit multifamily gem, a prime value-add investment offering immediate cash flow and long-term appreciation in Northeast Philadelphia’s high-demand rental market. Featuring ten well-designed 1-bedroom units, each 500 sq. ft. with a living room, eat-in kitchen, bedroom, and full bathroom with a tub, this property presents an exceptional opportunity for investors. With five vacant units and five current tenants paying below-market rents and leases up between July and September, the potential to increase cash flow is immediate, with market rents projected at $1,440 per unit, generating up to $14,000+ in monthly rental income. Whether you choose to modernize units with light cosmetic updates or take advantage of guaranteed Section 8 rental income, this property is an ideal high-yield investment. Offered at $1.4M with a current 7% cap rate, and the potential of a 10.67% cap rate along with low annual taxes under $6,000, this asset is positioned for strong equity growth. Sitting on a spacious 0.2-acre lot with 4,600+ sq. ft. of interior space, this property provides incredible expansion potential, including the ability to add a third floor for additional units or utilize the side and backyard for off-street parking, a play area, or premium tenant amenities. Strategically located near major transit, Roosevelt Blvd’s shopping district, the Navy Yard, and top employment hubs, tenant demand remains strong, ensuring consistent occupancy and long-term profitability. Whether you're looking to renovate, reposition, or expand, this property is a rare opportunity to maximize returns and build equity in a thriving rental market. Expenses and rent roll available upon request. * Seller is working on refreshing vacant units and placing tenants in at market rent.
#PAPH2457966

PHILADELPHIA

6126 BINGHAM STREET 28

10 Beds

None Baths

4,608 Sq.Ft.

$1,400,000

MLS#: PAPH2457966

1200 N 5th St., a corner mixed-use investment property located along Girard Avenue’s commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.
#PAPH2410910

PHILADELPHIA

1200 N 5TH STREET

6 Beds

None Baths

4,220 Sq.Ft.

$1,350,000

MLS#: PAPH2410910

True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
#PAPH2094662

PHILADELPHIA

1016 COTTMAN AVENUE

7 Beds

None Baths

N/A

$1,680,000

MLS#: PAPH2094662

INVESTOR ALERT!! Package deal available to include 10 Northeast row , twins or end of row rental properties. All are currently rented with seasoned tenants. All are single family homes. All have reasonable rent amounts. All are well maintained. Buyer must show buying capability before information is divulged. Will be sold as a complete package. Sellers will not break the portfolio apart at this time. Do not disturb any tenant without having proved ability to purchase. Exterior showings only!!
#PAPH2515580

PHILADELPHIA

2340 MARGARET STREET

28 Beds

None Baths

1,246 Sq.Ft.

$1,450,000

MLS#: PAPH2515580

None
#PAPH2416078

PHILADELPHIA

2017 - 2019 FAIRMOUNT AVENUE

6 Beds

None Baths

6,057 Sq.Ft.

$1,900,000

MLS#: PAPH2416078

Shovel ready 86 unit development site. Plans approved (13 studio units, 50 one bedroom units, 23 two bedroom units). Some foundation work started. Tax abatement approved. Seller open to building the project for the Buyer. Excellent Port Richmond location in need of multi family housing, close to I-95 and Market Frankford El. Call for details and plans.
#PAPH2429524

PHILADELPHIA

2149 E RUSH STREET 73

96 Beds

None Baths

82,531 Sq.Ft.

$1,400,000

MLS#: PAPH2429524

Amazing investment and rare opportunity to buy a newer built 3 units building in the high demand of University City/ Drexel . This fully leased rental building comprises 3 units with a total of 13 bedrooms and 14 bathrooms, offering with two units of 4-bedrooms/4bathrooms, one unit of 5-bedrooms/6bathrooms. Each residential unit has en-suite bathrooms for every bedroom making this the perfect set up for college students. This property has always been 100% leased with low expenses and maintenance. The building built 5 years ago, remaining 5 years on their property TAX ABATEMENT. The building amenities include in-unit-laundry, 24 security camera surrounding, large closet, luxury wood floor, quartz countertop with stainless steel appliances. the third floor has access to the rooftop deck with skyline views. Building is located in a walkable, bike-friendly, and convenient bus-transportation neighborhood. It also close to Phila Zoo, Art Museum, and easy access to local highway. Owners owns two buildings next to each other, can do package deal if buying both building. Call or email for financial and schedule you tour before it gone.
#PAPH2528772

PHILADELPHIA

657 N 35TH STREET

None Beds

None Baths

5,500 Sq.Ft.

$1,450,000

MLS#: PAPH2528772

Annual rents are $102,000!!!! Amazing opportunity to own a 5 UNIT corner property in booming Olde Kensington! Each unit is thoughtfully laid out with an open floor plan, recessed lighting, plenty of windows, closet space, beautiful wood flooring, balconies, and a roof deck. The condos include stainless Frigidaire Gallery appliances, quartz countertops, washer/dryer units, ALL units are currently rented!! The building is very close to bars/restaurants, offices, shops, and public transit in Old Kensington, Fishtown, and Northern Liberties. Great sun-filled spacious unit!
#PAPH2480968

PHILADELPHIA

320 CECIL B MOORE AVENUE

8 Beds

None Baths

924 Sq.Ft.

$1,419,000

MLS#: PAPH2480968

This is a rare opportunity to own a masterfully renovated multi-unit property in the heart of Rittenhouse Square. Originally built in 1912 and fully renovated by Gardner Fox Architects and McCroubrey Overholser. This property offers approximately 3,000SF of flexible living space with over $900,000 in renovations and updates. This stunning building is currently configured as a duplex, but could easily be converted into a chic single family residence. There are 4 floors of finished living space consisting of 2 bi-level units, each unit with outdoor space. Unit 1: 1-2 Bedrooms, 2 Full Bathrooms. The main level boasts beautifully outfitted living space with a tray ceiling, custom built-ins, plantation shutters, Brazilian hardwood floors, cherry cabinets, a gas fireplace with marble surround, wet bar and kitchenette, a bedroom, a full bathroom and a slate patio out back. There is also a fantastic dressing area with vanity and adjacent make-up vanity, spacious closet with custom closet built-ins, washer and dryer. The lower level is charming with exposed brick, a living room area, a full bathroom and a gorgeous kitchen space designed by Society Hill Kitchens. This level has a laundry hook-up, cedar closet and additional storage. There is a separate entrance for this level that leads to the patio. This property can also be accessed from Manning St. Providing a separate entrance for the lower level which can be used as a fantastic living space for in-laws, au pair suite or overnight guests. Unit 2: 3-4 Bedrooms, 2 Full Bathrooms. Main level offers Bamboo floors, exposed brick wall, surround sound, a custom kitchen with cherry cabinets, granite countertops, porcelain back splash and stainless steel appliances. Located just beyond the kitchen is a den / bonus room with sliding glass doors that lead to a lovely shared deck. This room has been used as a 4th bedroom in the past. The upper level is currently configured with 3 bedrooms, custom California closet systems and a full bathroom and laundry. Great for investors or owner occupied with rental income generated by the other unit. Also the perfect set up for multi-generational living or an au pair suite. Just steps from Rittenhouse Square and a 4-minute walk to the University of Penn Shuttle stop located at 20th and Locust. Enjoy all that Rittenhouse Square offers with fantastic restaurants, cafes, farmers market and various events throughout the year.
#PAPH2494546

PHILADELPHIA

1831 Mutli-Unit SPRUCE STREET

5 Beds

None Baths

3,046 Sq.Ft.

$1,450,000

MLS#: PAPH2494546

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here