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Property view

437 N 32nd St, 
Philadelphia, PA 19104

$510,000


5

Beds


Bath


2,418

Sq Ft


Multi-Family

Sold

Listed by

Reda B Akbil

Bought with Realty Mark Associates

Compass Pennsylvania, LLC.

MLS#

PAPH2369960

Source:

BRIGHTMLS

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About This Home

437 N 32nd St

This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity!This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.

Home Facts

Multi-Family

5 Bedrooms

Built in 1980

Price Summary

539,000

$222 per Sq. Ft.

MLS #:

PAPH2369960

Sold:

August 5, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Building Area:

2,418 Sq. Ft.

Year Built:

1980


Lot

Lot Size (Sq. Ft):

1,306


Finances & Disclosures

Finances

Price:

$539,000

Price per Sq. Ft:

$222 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.