Philadelphia, PA 19104,312-14 N 33RD ST
Philadelphia, PA 19104,312-14 N 33RD ST
Philadelphia, PA 19104,312-14 N 33RD ST
Philadelphia, PA 19104,312-14 N 33RD ST
Philadelphia, PA 19104,312-14 N 33RD ST
Philadelphia, PA 19104,312-14 N 33RD ST
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Jen Ward

Jen Ward

+1(410) 627-5961
Listed by Samantha Miller • Mallin Panchelli Nadel Realty Inc
$ 2,250,000
Est. payment | /mo

6,900 Sqft Lot

Save
$ 2,250,000
Est. payment | /mo
Save

6,900 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Powelton Village

MLS Listing ID PAPH2518662

Year Built 1895

Annual Tax Amount $23,516

Tax Year 2024

Lot Size 6,900 Sqft

Acres 0.16

Lot Dimensions 60.00 x 115.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Rare opportunity to acquire an established portfolio of 28 units (52 beds) across four buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.8% cap rate. Portfolio price is $4,750,000 for all four buildings, or purchase separately. Grey Gables (a.k.a. 312-14 N 33rd Street) is a 10 unit building totaling 32 beds, offered at $2,250,000. Surface parking on site for 5 cars offers an extra income source, or could be redeveloped in the future to add additional units. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RTA1

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881108040

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Penn Alexander School

    Public | KG - 8

  • 9

    Gamp

    Public | 5 - 12

  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 6

    D. Newlin Fell School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Philadelphia Performing Arts Charter School

    Public | KG - 8

  • 5

    Abram Stockton Jenks School

    Public | KG - 4

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Eliza Butler Kirkbride School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 4

    Mastery Charter School Mann Elementary

    Public | KG - 6

  • 4

    Discovery Charter School

    Public | KG - 8

  • 4

    Martha Washington Elementary Academics

    Public | KG - 8

  • 4

    Robert Morris School

    Public | KG - 8

Middle Schools 8
  • 4

    Boys Latin of Philadelphia Charter School

    Public | 6 - 12

  • 4

    Mastery Charter School -Shoemaker Campus

    Public | 7 - 12

  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 0

    Wordsworth Academy

    Private | 6 - 12

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 5

    Preparatory Charter School of Mathematics Science

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 4

    Parkway West

    Public | 9 - 12

  • 4

    Paul Robeson High School for Human Services

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 1

    John Bartram High School

    Public | 9 - 12

  • 1

    West Philadelphia High School

    Public | 9 - 12

  • 1

    The Workshop School

    Public | 9 - 12

  • 1

    School of the Future

    Public | 9 - 12

  • 1

    Universal Audenried Charter High School

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    South Philadelphia High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

School and business data provided by Attom Data.
Jen Ward
Jen Ward

Agent | License ID: 625305

+1(410) 627-5961 | jen@jenwardrealtor.com

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312-14 N 33RD ST