1247 S 53rd St, Philadelphia, PA 19143 | For Sale

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For Sale $530,000 ($182.76 per Sq Ft)

$530,000 ($182.76 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,900 Sq Ft
  • 1,941 Sq Ft

Description

COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn, and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $530,000
Property Type Triplex (3-units)
Usable Sqft 2,900
Number of Stories 4 stories
Parking Spots 0 spots
Year Built 1917
Last Sold Unknown
Sold Price Unknown
APN # 511224800
MLS # PAPH2407100
Property ID 320970714
Lot Sqft 1,941
Zoning RSA-3
Total Units 3
Days on Market 122
Original List Price Unknown
Applicances Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer,Dryer,Intercom,Stainless Steel Appliances%
Date Updated November 07, 2024
Date Created October 20, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $45,600 $0

Listing Provided By

Eric D Feinberg an agent of . Lic #RS318964


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Data last updated: February 19, 2025.
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