Investments Sales Management

2117 N 33RD STREET -27 0

PHILADELPHIA , PA 19121

MLS#: PAPH2410438

$1,600,000

Status: Closed
Listing number: PAPH2410438
Listing provided by: Mallin Panchelli Nadel Realty Inc
Listing agent phone: None
Last update: 5 months ago
On site: 10 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1905

Sq.Footage

N/A

The sale of 2111-13 & 2117-27 N. 33rd St., a 28,000 +/- SF Site in Strawberry Mansion overlooking Fairmount Park. The sale includes an existing 25,125 +/- SF building and a vacant lot. Built in 1905 the property has been home to various religious organizations over the years, making the site ideal for other religious, school, and institutional users. Zoned RM-1, the site is also ideal for Multi-Family development. Please note there are existing cell phone towers on the roof of the existing building, with a long term easement. If the building were to be torn down, an agreement does need to be made with the cell phone tower company for temporary and permanent relocation of the cell towers. Located in Strawberry Mansion, the site is located in a high growth area with many residential developments underway. The property is also within close proximity of Brewetytown, which has experienced a tremendous amount of residential, mixed-use and commercial development over the years. Center City is easily accessible via Kelly Drive.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.48

  • Property Type

    Commercial Sale

  • Property Sub Type

    Business

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    4911.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

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 Nadia T Bilynsky , Mallin Panchelli Nadel Realty Inc

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.
The sale of 2111-13 & 2117-27 N. 33rd St., a 28,000 +/- SF Site in Strawberry Mansion overlooking Fairmount Park. The sale includes an existing 25,125 +/- SF building and a vacant lot. Built in 1905 the property has been home to various religious organizations over the years, making the site ideal for other religious, school, and institutional users. Zoned RM-1, the site is also ideal for Multi-Family development. Please note there are existing cell phone towers on the roof of the existing building, with a long term easement. If the building were to be torn down, an agreement does need to be made with the cell phone tower company for temporary and permanent relocation of the cell towers. Located in Strawberry Mansion, the site is located in a high growth area with many residential developments underway. The property is also within close proximity of Brewetytown, which has experienced a tremendous amount of residential, mixed-use and commercial development over the years. Center City is easily accessible via Kelly Drive.

2117 N 33RD STREET -27 0

Message successfully sent.

What would you like to know?

Related Properties

Welcome to one of Philadelphia’s largest and most versatile athletic properties, Jamira Tennis & Fitness center, located in the heart of historic Germantown. This space has served as a cornerstone of community enrichment and athletic development for years. This iconic facility has long been dedicated to inspiring the youth-beginners & advanced players alike, to embrace the game of tennis ans further their mission of grassroots participation. Spanning 40,920 square feet, this fully equipped tennis facility offering year-round indoor play and professional-grade amenities. Ideal for sports academies, wellness centers, or private training operations, the space is move-in ready and rich with potential. Under its striking white dome structure, the Jamira Center offers year-round access to:
#PAPH2478436

PHILADELPHIA

5236 BELFIELD AVENUE

None Beds

None Baths

N/A

$1,750,000

MLS#: PAPH2478436

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.
#PAPH2471978

PHILADELPHIA

1947 N 33RD STREET

None Beds

None Baths

8,467 Sq.Ft.

$1,375,000

MLS#: PAPH2471978

Welcome to 5610-14 and 5614-A Germantown Ave, 4 unit fully occupied(newer long term tenants w/3% annual rent increase & NNN, high cap rate)commercial retail property w/rear private parking(parks 3 4 cars) is in extraordinary condition located in the historic Germantown section of Philadelphia. This approximately 13,000 sq/ft, nicely face lifted facade property epitomizes the characteristics that you, as an astute investor, have always sought in your ventures. Nestled in the prime Commercial Class zoning (CMX3) within one mile of two commuter rail lines, the 2 Chestnut Hill lines, this property boasts unparalleled accessibility for tenants and customers alike. Its strategic positioning guarantees steady foot traffic, making it an ideal destination for businesses and ensuring high visibility for retail establishments. Unit 5610 has a full size basement for extra storage, newer flooring, electric panels, newer 2 HVAC and water heater. Unit 5614 with newer electric panels and high efficiency HVAC, unit 5612 and 5614-A have attic for maximizing storage space. This incredible property will be your approach to long-term investments and commitment to ethical values resonate with the core of opportunity. Your astute decision-making and focus on real estate, rather than stocks, make you the ideal candidate to seize this investment will make a meaningful impact on your business career and future assets.
#PAPH2471762

PHILADELPHIA

5610 GERMANTOWN AVENUE 14

None Beds

None Baths

10,670 Sq.Ft.

$1,750,000

MLS#: PAPH2471762

Zommick McMahon Commercial Real Estate is pleased to present this beautiful mixed use (CMX) building in the heart of one of Philadelphia's most sought after neighborhoods, Queen Village. This building is well maintained, fully occupied and prominently positioned on a corner lot. Featuring 5 total units (1 first floor commercial and 4 residential apartment units), this investment opportunity is a proven performer.
#PAPH2465726

PHILADELPHIA

727 S 2ND STREET

None Beds

None Baths

N/A

$1,699,000

MLS#: PAPH2465726

Excellent opportunity to own this 11362 square feet CMX3 zone building in this active city on Broad Street (subway line) with 3 units Consist of Beauty School operated by the owner, furniture store, and a health care office on the 2nd floor. The 2nd-floor health care office with 1800sf 3 large offices and waiting area, full bathroom is currently vacant and available for lease $2,000 NNN. The 1st floor has 2 separate units with 4500 square feet of previous furniture Business is vacant was leased for $4,000. NNN and 4500 square feet Beauty School currently owner-occupied and prospect rent is $4,000. NNN all with separate utilities. This Unit is great for any type of office, warehouse, health care center, school, apartment building etc. . All buyers provide proof of funds before showing.
#PAPH2462558

PHILADELPHIA

2520 N BROAD STREET

None Beds

None Baths

11,000 Sq.Ft.

$1,399,000

MLS#: PAPH2462558

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.
#PAPH2453528

PHILADELPHIA

6126 BINGHAM STREET 28

None Beds

None Baths

4,608 Sq.Ft.

$1,400,000

MLS#: PAPH2453528

Exceptional Redevelopment Opportunity in a Prime Central Location! This remarkable property offers a unique investment prospect that should not be overlooked. Dating back to 1873, this historic church, with a documented century-long history, holds immense potential for revitalization should you desire and/or adaptation or redevelopment into a new possibility. Situated just a few miles from Center City Philadelphia, it boasts a strategic location near prominent landmarks such as the Art Museum, Franklin Institute, Boathouse Row, Fairmount Park, the Philadelphia Zoo, and the Community College of Philadelphia. Nestled within the burgeoning Cabot neighborhood, this property is at the crossroads of Temple Town, Brewery Town, and Yorktown, with proximity to Temple University and adjacent to The Freedom Theater, and the Colombia North YMCA. Notably, it's less than a block away from Broad Street, granting easy access to public transportation by bus or train, as well as being adjacent to a city bike-share location. With Philadelphia International Airport just 13 miles away and its convenient access to New Jersey, this property offers convenience on multiple fronts. The area has seen substantial new construction and redevelopment, transforming it into a vibrant and rejuvenated community. This property is being sold as-is, providing a blank canvas for your creative ideas and designs, with countless possibilities for future use. This corner lot opportunity is exceptionally rare in this sought-after location, making it an opportunity you can't afford to miss. The current zoning is CMX2, prospective buyers should conduct thorough due diligence regarding zoning and variances, but the potential here is truly remarkable. There is an existing structure, but the value is in the land. Location, location, location!
#PAPH2433264

PHILADELPHIA

1409 W MASTER STREET 17

None Beds

None Baths

16,875 Sq.Ft.

$1,900,000

MLS#: PAPH2433264

Don't miss out on this turnkey investment including all furniture, full kitchen and equipment! This amazing establishment has three floors with so many possibilities for an investor! The main dining room is located on the first floor comfortably seating approximately 40 customers. The kitchen is also located on the first floor and is fully stocked! The second floor has a separate stairway which can be used for an alternative use if desired. It is currently used for additional seating, parties and events. The third floor has a full bathroom, and the possibilities are endless with the separate staircase access. There is also an outdoor space on the top third floor which may be transformed to a deck or outdoor space with breathtaking views of center city and Rittenhouse Square! The basement is used for restrooms and storage. This property has the potential opportunity for more return on investment. Porcini has built a reputation and book of business for over 29 years. You are not just buying a building in a prime-time location, you are also buying a favorite spot to many! Porcini is located in one of the most desired areas of Philadelphia only a few blocks from Rittenhouse Sqaure. This gorgeous trattoria restaurant offers an upscale experience where the Maitre'd owner keeps the guests coming back feeling like family! The other chef-owner curates every meal to be memorable! His impressive background in fine dining has helped them build an elite customer base. Schedule a showing to see the charm of this Philadelphia gem in person!
#PAPH2437914

PHILADELPHIA

2048 SANSOM STREET

None Beds

None Baths

2,250 Sq.Ft.

$1,599,000

MLS#: PAPH2437914

Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! There’s a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! It’s 4 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
#PAPH2421306

PHILADELPHIA

1918 E CUMBERLAND STREET

None Beds

None Baths

7,242 Sq.Ft.

$1,500,000

MLS#: PAPH2421306

Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. 1842 E Harold St is comprised of six, unique bi-level units. Each includes its own private outdoor space, hardwood floors, in-unit laundry, and a bathroom for every bedroom. Each unit has its own individual security system, and the building has a high-tech camera system for buzzing in guests. Located in the East Kensington section of Fishtown, easily accessible by the El, you’ll be an easy walk to restaurants, bars, shopping, and recreation. Tenants are individually billed directly by the utility company for electric, cable and internet. Tenants are also responsible for water billed by the property manager. Connecting the individual unit’s security system directly to police and fire is an additional fee. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! There’s a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! It’s 2 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
#PAPH2421320

PHILADELPHIA

1842 E HAROLD STREET

None Beds

None Baths

6,232 Sq.Ft.

$1,500,000

MLS#: PAPH2421320

- 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