1309 S 52ND ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $192
Subdivision West Philadelphia
MLS Listing ID PAPH2305932
Style Contemporary
Abv Grd Liv Area 6,500
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $493
Tax Year 2024
Lot Size 2,040 Sqft
Acres 0.05
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.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning NA
Interior
Interior Features Breakfast Area,Combination Dining/Living,Combination Kitchen/Dining,Floor Plan - Open,Wood Floors,Kitchen - Island,Recessed Lighting,Sprinkler System,Window Treatments
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Equipment Dishwasher,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Stove,Washer
Appliance Dishwasher,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Stove,Washer
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade,Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 511195800
Ownership Fee Simple
SqFt Source Estimated
Security Features Electric Alarm,Intercom
Special Listing Condition Standard