1247 S 53RD ST new to site

Philadelphia,PA 19143

$ 530000

- Bed

- Bath

2900 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $182

MLS Listing ID PAPH2407100

Style Traditional

Year Built 1917

Annual Tax Amount $1,945

Tax Year 2024

Lot Size 1,941 Sqft

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

Equipment Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer,Dryer,Intercom,Stainless Steel Appliances

Exterior

Exterior Feature Patio(s)

Waterfront N

Water Access N

View Street

Roof Type Shingle,Rubber

Building

Lot Description Rear Yard

Foundation Stone,Concrete Perimeter,Slab

Sewer Public Sewer

Water Public

Structure Type Dry Wall,High

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Conventional,Cash,VA,FHA,Negotiable

Listing Terms Conventional,Cash,VA,FHA,Negotiable

Special Listing Condition Standard

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