1829 N 33RD Street

Description

Welcome to this amazing turnkey quadruplex in Strawberry Mansion! This beautifully maintained three-story twin property is a rare find in the heart of Strawberry Mansion, offering incredible income potential across four well-appointed units. The 1st floor apartment layout includes a large 2 bed 2 bath unit featuring a living room, separate dining area, modern kitchen, convenient laundry cabinet with front-loading washer/dryer, and a private en-suite bath in the second bedroom"spanning a generous 1,200 square feet. Apt 2F offers a charming 1 bed 1 bath layout with an efficient kitchen and an in-unit washer/dryer. Apt 2R has the same set up as 2F featuring a 1 bed 1 bath apartment. Apartment 3 is a spacious 3 bed 2 bath bi-level unit with a cozy living room, kitchen, attic space, and exclusive access to a private roof deck, perfect for relaxing or entertaining. The property also includes an unlicensed finished unit in the basement that can be used for extra space or storage. All units are currently occupied but unit 2F is going to be vacated soon. The property is currently generating $4,550/month without the income from unit 2F. With the income from 2F the property can gross as much as $5,900/month with additional potential income from the basement.Every unit is thoughtfully designed for comfort and practicality, offering modern conveniences like in-unit laundry, ample storage, and a versatile layout perfect for long- or short-term tenants. This income-producing property is ideal for seasoned investors or first-time buyers looking to maximize ROI in a rapidly developing area. Dont miss out on this turnkey opportunity just minutes from Fairmount Park, public transit, and Center City Philadelphia!Blending historic charm with modern convenience, this property showcases original details like exposed brick accents in select hallways and bedrooms. Each unit is thoughtfully designed with open-concept living spaces, contemporary kitchens with islands and stainless steel appliances, and in-unit washers and dryers. The bi-level unit adds exceptional value with its private outdoor space, perfect for relaxation and entertaining. Additional features include an enclosed front porch and a rear yard, providing valuable outdoor areas for residents. A 4 Unit home warranty will be included with acceptable offer. This must be included in the Agreement of Sale.This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information.Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate.This home is conveniently located near a variety of dining options, including Era, Checkers, and Lees Kitchen. For everyday essentials, grocery stores such as Aldi, Rodriguez Supermarket, Ridge Food Market, and C Food Market are just minutes away. Families will appreciate the proximity to several schools, including James G. Blaine School, Strawberry Mansion High School, Edward Gideon School, and William D. Kelley School. Outdoor enthusiasts can enjoy nearby green spaces like The Discovery Center, 30th & Jefferson Street Park, and Smith Memorial Playground & Playhouse. Situated in a rapidly developing neighborhood, the property offers easy access to local dining, shopping, parks, and public transportation. Whether you are looking to expand your investment portfolio or secure a property with long-term appreciation potential, this quadruplex is an exceptional opportunity. Schedule your tour today.