$421,500

Estimated payment $2,760/month

Total Views 384,469
6 Beds
2 Baths
2,005 Sq Ft
$210 Price per Sq Ft

Highlights

  • No HOA
  • Electric Baseboard Heater
  • 2-minute walk to Cat Park

About This Home

Exceptional investment opportunity in the heart of University City and Powelton Village. The property's proximity to universities, hospitals, and amenities makes it ideal for student housing, faculty, staff, and medical professionals.

The spacious residence features five bedrooms, two bathrooms, a full living and dining area, an eat-in kitchen, exposed brick throughout, and high ceilings. A front enclosed porch and side and backyard decks offer outdoor space, and on-premises laundry adds convenience. :)

The location is truly unmatched, offering proximity to Drexel Park, Drexel's main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. Additionally, its location within a Qualified Opportunity Zone (QOZ) presents potential tax benefits.

Previously rented for $3,500-$4,000 per month, the property is now vacant and ready for minor or major updates to maximize its potential for the upcoming academic semester or down the road. With additional updates, there is potential to further increase rental income. A 3rd floor or roof deck may also be a possibility.

Furthermore, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 presents an opportunity for expansion for a larger development project.

I encourage you to act quickly on this exceptional investment opportunity. Check out the virtual tour.

Listing Agent

Reda Akbil

Compass RE License #RS337002 Listed on: 10/31/2023

Compass RE

Co-Listing Agent

Scott Shuster

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 1930

Lot Details

  • 1,672 Sq Ft Lot
  • Lot Dimensions are 22.00 x 76.00
  • Property is zoned RSA3

Home Design

  • Masonry

Interior Spaces

  • 2,005 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Powelton Village Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 241218200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,164

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1930
  • Remarks Public: Exceptional investment opportunity in the heart of University City and Powelton Village. The property's proximity to universities, hospitals, and amenities makes it ideal for student housing, faculty, staff, and medical professionals. The spacious residence features five bedrooms, two bathrooms, a full living and dining area, an eat-in kitchen, exposed brick throughout, and high ceilings. A front enclosed porch and side and backyard decks offer outdoor space, and on-premises laundry adds convenience. :) The location is truly unmatched, offering proximity to Drexel Park, Drexel's main campus, UPenn, hospitals, the Art Museum, 30th St Station, and more. Additionally, its location within a Qualified Opportunity Zone (QOZ) presents potential tax benefits. Previously rented for $3,500-$4,000 per month, the property is now vacant and ready for minor or major updates to maximize its potential for the upcoming academic semester or down the road. With additional updates, there is potential to further increase rental income. A 3rd floor or roof deck may also be a possibility. Furthermore, the option to purchase the neighboring property at 435 N 33rd St, a 3-unit multifamily building, for $715,000 presents an opportunity for expansion for a larger development project. I encourage you to act quickly on this exceptional investment opportunity. Check out the virtual tour.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2005
  • Living Area Sq Ft: 2005
  • Price Per Sq Ft: 210.22
  • Above Grade Finished Sq Ft: 2005
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 433

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: H30
  • Lot Size Acres: 0.04
  • Lot Dimensions: 22.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1672.00
  • Year Assessed: 2024
  • Zoning: RSA3

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 3452.00
  • Tax Annual Amount: 6164.00
  • Assessor Parcel Number: 241218200
  • Tax Lot: 77
  • Tax Total Finished Sq Ft: 2005
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,165 $471,600 $94,320 $377,280
2024 $6,165 $471,600 $94,320 $377,280
2023 $6,165 $440,400 $88,080 $352,320
2022 $4,803 $440,400 $88,080 $352,320
2021 $4,803 $0 $0 $0
2020 $4,803 $0 $0 $0
2019 $4,631 $0 $0 $0
2018 $3,739 $0 $0 $0
2017 $3,739 $0 $0 $0
2016 $3,739 $0 $0 $0
2015 $3,579 $0 $0 $0
2014 -- $267,100 $41,131 $225,969
2012 -- $10,912 $3,271 $7,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $421,500 -0.8% $210 / Sq Ft
02/11/2025 02/11/25 Price Changed $425,000 0.0% $212 / Sq Ft
02/11/2025 02/11/25 For Sale $425,000 -5.6% $212 / Sq Ft
02/11/2025 02/11/25 Off Market $450,000 -- --
12/10/2024 12/10/24 Price Changed $450,000 +4.9% $224 / Sq Ft
05/20/2024 05/20/24 For Sale $429,000 0.0% $214 / Sq Ft
05/13/2024 05/13/24 Off Market $429,000 -- --
05/08/2024 05/08/24 Price Changed $429,000 -4.5% $214 / Sq Ft
04/15/2024 04/15/24 Price Changed $449,000 -10.0% $224 / Sq Ft
01/11/2024 01/11/24 Price Changed $499,000 -5.0% $249 / Sq Ft
10/31/2023 10/31/23 For Sale $525,000 +47.9% $262 / Sq Ft
02/27/2020 02/27/20 Sold $355,000 -5.3% $177 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $375,000 -- $187 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $355,000 World Wide Land Transfer Inc
Deed $38,192 None Available
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Future Advance Clause Open End Mortgage
Open $1,300,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2293002

Bright MLS

APN: 241218200