1247 S 53RD ST, Philadelphia, PA 19143 – PAPH2411802

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Eric D Feinberg • Keller Williams Realty Group

$530,000

Est. payment - /mo

2,900 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $182

MLS Listing ID PAPH2411802

Originating Board BRIGHT

Year Built 1917

Annual Tax Amount $1,945

Tax Year 2024

Lot Size 1,941 Sqft

Acres 0.04

Lot Dimensions 19.00 x 100.00

Property Sub-Type Other

Property 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!!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA-3

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split, Ceiling Fan(s), Central A/C

Flooring Tile/Brick, Hardwood

Heat Source Electric

Exterior

Water Access N

View Street

Roof Type Shingle,Rubber

Accessibility None

Garage N

Building

Lot Description Rear Yard

Foundation Stone, Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 511224800

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Main Entrance Lock,Sprinkler System - Indoor

Acceptable Financing Conventional, Cash, VA, FHA, Negotiable

Listing Terms Conventional, Cash, VA, FHA, Negotiable

Financing Conventional,Cash,VA,FHA,Negotiable

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

1247 S 53RD ST Philadelphia, PA 19143

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1247 S 53RD ST