1247 S 53RD ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
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
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
Exterior
Water Access N
View Street
Roof Type Shingle,Rubber
Building
Lot Description Rear Yard
Foundation Stone,Concrete Perimeter,Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Conventional,Cash,VA,FHA,Negotiable
Listing Terms Conventional,Cash,VA,FHA,Negotiable
Special Listing Condition Standard