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!!
The income description goes here to explain
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 |
Eric D Feinberg an agent of . Lic #RS318964
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT