Residential Income
2009 North 33rd Street Philadelphia, PA 19121
For Sale
$450,000
For sale residential income multifamily property at 2009 North 33rd Street in Philadelphia.
Property Size2,421 SF
Price / SF$185.87
Days on Market323
Property Features for 2009 North 33rd Street
General Information
- Standard status
- Active
- Size
- 2,421 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
LYL Realty Group
(215) 498-3546
Listed By:
Dayhna Carroll · License #RM422863
(215) 498-3546
Source:
Compass
Added: Sep 6, 2025
Changed: Jul 22
Last Checked: Jul 24 at 12:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LYL Realty Group
Investment Insights
Based on property information with market context.
This residential income multifamily property is offered for sale as an investment opportunity. The offering is listed under multiple residential income and multifamily property categories, and the property is located at 2009 North 33rd Street in Philadelphia, Pennsylvania.
The listing is tied to the Philadelphia City School District, with the county listed as Philadelphia. Additional details such as unit mix, building condition, and income/expense information are not provided in the available remarks, and should be confirmed directly for underwriting and diligence.
For buyers seeking a straightforward residential income multifamily acquisition in Philadelphia, this property can be evaluated based on its recorded size of 2,421 (as listed) and further documents available through the seller or listing broker.
The listing is tied to the Philadelphia City School District, with the county listed as Philadelphia. Additional details such as unit mix, building condition, and income/expense information are not provided in the available remarks, and should be confirmed directly for underwriting and diligence.
For buyers seeking a straightforward residential income multifamily acquisition in Philadelphia, this property can be evaluated based on its recorded size of 2,421 (as listed) and further documents available through the seller or listing broker.
Key Highlights
- Residential income multifamily property for sale at 2009 North 33rd Street in Philadelphia
- Year built: 1915
- Pool: no pool
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.5k | $30.36 |
| − Vacancy | −$4.3k | −$1.76 |
| EGI | $69.2k | $28.60 |
| − OpEx | −$31.2k | −$12.87 |
| NOI | $38.1k | $15.73 |
2,421 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$544.0K
$476.0K – $634.7K
NOI $38,081 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$590.2K
$516.4K – $688.6K
NOI $41,314 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - For sale residential income multifamily property at 2009 North 33rd Street in Philadelphia.
Where is this multifamily property located?
The property is located at 2009 North 33rd Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Residential income multifamily property for sale at 2009 North 33rd Street in Philadelphia; Year built: 1915; Pool: no pool
