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MLS: #PAPH2576796, Listed By: Aaron Jones, Iron Valley Real Estate Exton, Source:Bright MLS

651 N 33rd Street

PHILADELPHIA, PA 19104
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Bed 4

Bed

Bath 0

Bath

SqFt2,969

Sqft

Acres0.04

Acre(Lot)

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 i ncome 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,900

AD Id : 74793040

MLS Id : PAPH2576796

Beds : 4

Lot Size : 0.04 Acre

Living Area Size : 2,969

Year Built : 1935

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas, Forced Air, Heat Pump Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1935 Building Area Total: 2969 Patio And Porch Features: Deck, Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 15.00 x 101.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1550

  • Listing Price Information

    Listing Price: $699900

  • Tax Information

    Parcel Number: 242143000 Tax Lot: 126 Tax Year: 2025 Annual Tax: $2423

  • Parking Information

    On Street

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: From Center City take Market Street West & turn right onto 33rd. Take 33rd street north towards Fairmont Ave & the home will be on the right hand side. From 76 take the exit at Girard Ave then take 34th Street South to Wallace Street. Take a left onto Wallace Street and left onto 33rd. Destination will be on your right. WaterSource: Public
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/19/2026 @ 06:45

MLS: PAPH2576796 LISTED BY: Aaron Jones, Iron Valley Real Estate Exton 610-561-1111 SOURCE: Bright MLS

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