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1247 S 53RD Street

PHILADELPHIA, PA 19143
  • $530,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PAPH2407100
UPDATED: 64 min ago
$530,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,900
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:

School Ratings & Info

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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T17:53:30.54.
www.q2living.com/homes/156986403
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1247 S 53RD Street PHILADELPHIA, PA 19143

  • Price: $530,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 64 min ago
  • ID#: PAPH2407100
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,900
SQFT
$183
$/SQFT
1917
Built
Neighborhood:
19143 (19143)
County:
Philadelphia
Area:
19143 (19143)
School District:
The School District Of Philadelphia
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!!
Exterior Features

Architectural Style Traditional Construction Materials Mixed Exterior Features Exterior LightingSidewalksStreet Lights Garage YN No Location Type Middle Of Block Lot Features Rear Yard Parking Types On Street Patio And Porch Features Patio(s) Pool No Pool Property Condition Excellent Roof ShingleRubber View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2025 Appliances Built-In MicrowaveDishwasherOven/Range - ElectricRefrigeratorWasherDryerIntercomStainless Steel Appliances Basement Fully Finished Basement YN Yes Below Grade Finished Area 875 Below Grade Unfinished Area 0 Cooling Ductless/Mini-SplitCeiling Fan(s)Central A/C Exclusions All tenant belongings. Flooring Tile/BrickHardwood Heating Other Heating YN Yes Interior Features Recessed LightingBathroom - Stall ShowerUpgraded CountertopsCeiling Fan(s)Combination Kitchen/DiningFloor Plan - OpenKitchen - IslandBuilt-InsDining AreaEntry Level BedroomKitchen - GourmetPrimary Bath(s)Sprinkler SystemWood Floors Security Features Security GateFire Detection SystemMain Entrance LockSecurity SystemSprinkler System - IndoorSurveillance Sys Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None Walls Ceilings Dry WallHigh

Property Features

Acceptable Financing ConventionalCashVAFHANegotiable Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Springfield Avenue Existing Lease Type Yearly Foundation Details StoneConcrete PerimeterSlab Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 803408336460 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1945.00 Tax Lot 34 Total Actual Rent 45600.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning RSA-3 Zoning Description 3 Residential Units.

Listing courtesy of Keller Williams Realty Group: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T17:53:30.54.
 
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