332 N 41st Street

PHILADELPHIA, PA 19104

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,763 Sqft
  • 1494
    Sqft(Lot)
$695,000

Description

Exceptional investment opportunity in the booming west powelton neighborhood of university city, located in a qualified opportunity zone (qoz). this property is just minutes from drexel university, the university of pennsylvania, and the university of the sciences, offering prime access to one of philadelphia’s most vibrant areas. nestled on a quiet street, yet steps from public transit and university city amenities, this property boasts outstanding walk, transit, and bike scores (walk score: 85, transit score: 89, bike score: 99).
this 11-year-old, well-maintained, ground-up construction triplex features hardwood floors, in-unit laundry, stainless steel appliances, and large windows for natural light. each unit has separate utilities (tenants pay except for water). the kitchens are equipped with shaker-style cabinets, granite countertops, dishwashers, garbage disposals, microwaves, and refrigerators.
the building consists of: unit 1: 5-bedroom, 2-bath bilevel with a private yard, unit 2: 2-bedroom, 1-bath with a private rear deck, unit 3: 2-bedroom, 1-bath with a private roof deck
this fully occupied property has a solid rental history since its inception, providing immediate income for the buyer. with rents currently below market value, there is significant potential for rent increases and added value. the property is also positioned near several major development projects, including 3.0 university place, schuylkill yards, ucity square, and the science center, making it a strategic long-term investment.
this turnkey asset is ideal for both investors and owner-occupants. the property falls under the fha limit for four-unit buildings and qualifies for fannie mae/freddie mac’s new 5% down owner-occupied multifamily program. with strong appreciation and rental growth prospects, this is a rare opportunity in a high-demand area.
licensed pa salesperson with ownership interest.

  • Property Type

    Multi-Family

  • Subdivision

    West Powelton

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    47392366

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Full

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2013
    • Structure: Twin/Semi-Detached
    • New Construction: No
    • Total Units: 3
    • Built: 2013
    • Construction Material: Masonry
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,494
    • Dimensions: 20.00 x 75.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Other
    • Main Square Feet: 1,494

    Property Information

    • SQ ft: 2,763
    • SQ ft (Living Area): 2,763
    • Total Lot SQ ft: 1,494
    • Subdivision: WEST POWELTON
    • Appx. Lot Dimensions: 20.00 x 75.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Immediate,Other
    • Days Of Market: 17

  • Tax Information

    • Annual Tax: $9,573
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Other

    Assessment Information

    • Taxes Assessment Amount: $683,900

  • Virtual Tour

    Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: Near corner of 41st & Baring Streets

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Near corner of 41st & Baring Streets
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BuyOwner last updated this listing 11/21/2024 @ 10:44

  • MLS: PAPH2411522
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 2,763 sqft, 1,494 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19104, this PHILADELPHIA County Other , it is in the WEST POWELTON Subdivision, and are nearby neighborhoods.