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1309 S 52ND Street

PHILADELPHIA, PA 19143
  • $1,250,000
  • STATUS: Active
  • ON SITE: 190 Days
  • ID#: PAPH2305932
UPDATED: 149 min ago
$1,250,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,500
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Description

Welcome to 1309 S 52nd St., a prime multifamily investment opportunity nestled in the heart of Philadelphia's vibrant and rapidly developing 19143 area. This impressive property represents a rare chance to acquire a meticulously maintained multi-family building boasting 5 spacious residential units, each featuring 2 bedrooms and 2 full bathrooms, making it an ideal investment for both seasoned and budding real estate investors. Offered at a 7.25% cap rate. The buildings exterior exudes classic charm and is complemented by a well-manicured facade, offering exceptional curb appeal. Each of the 5 units has been thoughtfully designed to provide a comfortable and modern living environment, ensuring a high level of desirability among potential tenants. The open floor plans, abundant natural light, and contemporary finishes creating an inviting atmosphere, while the inclusion of two full bathrooms per unit adds an extra layer of convenience and luxury. All units come with a full appliance package, in-unit washer-dryers, built in surround sound speakers, security systems. In addition to the property's undeniable appeal, the location itself is a stand out feature. Nearby development projects are enhancing the area's appeal and promise future appreciation for savvy investors. Its also very close to many educational and medical facilities, including but not limited to: Penn Medicine University City, Childrens Hospital of Philadelphia, University of Pennsylvania. With its strategic location, well-appointed units, and strong rental potential, 1309 S 52nd St, represents a compelling opportunity for investors seeking a multi-family property with enduring value and significant growth potential. Dont miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment. 8 years left on the tax abatement and 4 of the 5 units are already rented. Contact us to schedule a tour and request financials.

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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 The Broc Schmelyun Team | RE/MAX. 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: 2024-06-23T19:49:51.507.
www.soldbybroc.com/homes/146076386
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1309 S 52ND Street PHILADELPHIA, PA 19143

  • Price: $1,250,000
  • Status: Active
  • On Site: 190 Days
  • Updated: 149 min ago
  • ID#: PAPH2305932
0
Beds
0
Baths
0
½ Baths
0.05
Acres
6,500
SQFT
$192
$/SQFT
2023
Built
Neighborhood:
West Philadelphia
County:
Philadelphia
Area:
19143 (19143)
School District:
The School District Of Philadelphia
Property Description
Welcome to 1309 S 52nd St., a prime multifamily investment opportunity nestled in the heart of Philadelphia's vibrant and rapidly developing 19143 area. This impressive property represents a rare chance to acquire a meticulously maintained multi-family building boasting 5 spacious residential units, each featuring 2 bedrooms and 2 full bathrooms, making it an ideal investment for both seasoned and budding real estate investors. Offered at a 7.25% cap rate. The buildings exterior exudes classic charm and is complemented by a well-manicured facade, offering exceptional curb appeal. Each of the 5 units has been thoughtfully designed to provide a comfortable and modern living environment, ensuring a high level of desirability among potential tenants. The open floor plans, abundant natural light, and contemporary finishes creating an inviting atmosphere, while the inclusion of two full bathrooms per unit adds an extra layer of convenience and luxury. All units come with a full appliance package, in-unit washer-dryers, built in surround sound speakers, security systems. In addition to the property's undeniable appeal, the location itself is a stand out feature. Nearby development projects are enhancing the area's appeal and promise future appreciation for savvy investors. Its also very close to many educational and medical facilities, including but not limited to: Penn Medicine University City, Childrens Hospital of Philadelphia, University of Pennsylvania. With its strategic location, well-appointed units, and strong rental potential, 1309 S 52nd St, represents a compelling opportunity for investors seeking a multi-family property with enduring value and significant growth potential. Dont miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment. 8 years left on the tax abatement and 4 of the 5 units are already rented. Contact us to schedule a tour and request financials.
Exterior Features

Architectural Style Contemporary Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 6500 Appliances DishwasherDryerMicrowaveRefrigeratorStainless Steel AppliancesStoveWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Heating Central Heating YN Yes Interior Features Breakfast AreaCombination Dining/LivingCombination Kitchen/DiningFloor Plan - OpenWood FloorsKitchen - IslandRecessed LightingSprinkler SystemWindow Treatments Security Features Electric AlarmIntercom Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 5

Property Features

Accessibility Features Level Entry - Main Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Foundation Details Permanent Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Total 4 Original MLSNumber 802777560020 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 493.00 Vacation Rental YN No Water Source Public Zoning NA

Listing courtesy of Long & Foster Real Estate, Inc.: .


©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 The Broc Schmelyun Team | RE/MAX. 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: 2024-06-23T19:49:51.507.
 
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1147 Eichelberger Street
Hanover PA, 17331