Welcome to 1335 S 52nd Street, a beautifully renovated duplex with tax abatement featuring two fully-occupied, cash-flowing units, perfect for investors or owner-occupants. Located just minutes from University City, the Baltimore Avenue retail corridor, and a quick commute to Center City, this property offers a prime location for renters.
Unit 1 - rented for $1640/mo + $70 water fee - is a spacious bi-level, 3-Bed 2-Bath unit with hardwood floors throughout, central AC, and a modern kitchen with a marble tile backsplash, white quartz countertops, and Frigidaire Gallery stainless steel appliances (fridge, range/oven, microwave, dishwasher). Two bright, generously-sized bedrooms are on the first floor, while the walk-out lower level features a media room/living area, the third bedroom, a full bathroom, laundry closet with full-sized washer and dryer, and extra storage. Unit 2 - rented for $1455/mo + $60 water fee - is a 2-Bed, 2-Bath unit with hardwood floors, central AC, and a kitchen featuring marble tile backsplash, quartz countertops, and Frigidaire Gallery appliances. The open-concept living area leads to a private balcony, perfect for relaxation. Each bedroom has ample closet space, natural light, and its own en-suite bathroom. Both units are currently leased through June 2025, and generating $3,095/mo gross rent combined.
With easy access to University City, the vibrant Baltimore Avenue corridor, and Center City, this property is ideally located near Philadelphia’s top neighborhoods and job centers. This is a great opportunity to own a well-maintained duplex - with several years remaining on the property tax abatement - in a rapidly growing area. Broker of record has financial interest. Schedule your showing today!
The income description goes here to explain
List Price | $395,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 1,824 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1915 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 511196800 |
MLS # | PAPH2420666 |
Property ID | 321060371 |
Lot Sqft | 2,040 |
Zoning | RTA1 |
Total Units | 2 |
Days on Market | 9 |
Original List Price | Unknown |
Date Updated | November 19, 2024 |
Date Created | November 15, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $37,140 | $0 |
Samantha Lee Miller an agent of . Lic #RS352351
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Robert Crawford
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