BEDS0
BATHS
SQUARE FEET2,763
MLS#PAPH2618756
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
Exceptional fully leased Triplex in the Qualified Opportunity Zone (QOZ) in the Powelton area of University City. This property is situated just minutes from Drexel University, the University of Pennsylvania and the University of the Sciences, offering prime access to some of Philadelphia’s most sought after colleges. Nestled on a quiet street but also steps from public transportation and University City amenities, this property boasts outstanding walk (85), transit (89) and bike (98) scores. This 13 years old well-maintained, ground-up construction triplex features hardwood floors, in unit laundry, stainless steel appliances, and large windows for abundance of natural light, each with separate utilities. 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 . With rents well currently below market value, there are significant potential for future rent increases and value add. The property is also located near several major development projects, including 3.0 University Place, Schuylkill Yards, uCity Square, and the Science Center, making it a strategically sound 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 multi-family program. With strong appreciation and rental growth potential, this is a rare opportunity in a high-demand area.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Fully Finished, Heated
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.03 Acres
Taxes: $11,339
Year Built: 2013
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Realty Mark Associates
Agency Phone: 2153764444
Agent Name: Duc Tran
Estimate Your Payment
Estimated Payment
$ 2,769.41 per month $1,613.09 Principal & Interest $944.92 Property Tax $211.40 Homeowner's InsuranceChange Payment Information
332 N 41st Street | MLS# PAPH2618756
This multi-family property located at 332 N 41st Street, Philadelphia, PA 19104 is currently listed for sale by Realty Mark Associates, with an asking price of $724,800. N 41st Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.