1829 N 33rd St

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1829 N 33rd St

Philadelphia, PA 19121
Asking Price
$655K
Cap Rate
6.97%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit apartment building for sale in Philadelphia
  • Asset priced at an asking rate of $655,000
  • Investment property featuring a 6.97 percent cap rate
  • Located in the 19121 zip code of Pennsylvania
  • Well-positioned multifamily asset for income-focused investors

What's Special

This 4-unit multifamily apartment building located at 1829 N 33rd St in Philadelphia, Pennsylvania, presents a clear investment opportunity within the urban market. Situated in a region known for its dense residential fabric and proximity to major city corridors, the property is positioned to capture demand from local renters seeking access to the city’s educational and employment hubs. The asset size and current configuration provide a stabilized income potential for a long-term hold in this established neighborhood. Investors will find the asset's layout suitable for residential leasing, benefiting from the consistent demand for apartment inventory in Philadelphia. The location offers connectivity to the broader metro infrastructure, supporting the functionality of the unit mix for a range of professional and student demographics. With an asking price of $655,000 and a cap rate of 6.97 percent, this offering represents a methodical addition to a multifamily portfolio focused on stable, value-oriented assets.

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NOI
$80,000
Cap Rate
12.21%
DSCR
2.06
Strong
Cash-on-Cash
20.92%
Monthly Payment
$3,240.583
Annual Cash Flow
$41,113.009

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