1242 S 51st Street

PHILADELPHIA, PA 19143

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,850 Sqft
  • 1451
    Sqft(Lot)
$400,000

Description

Exceptional owner-occupant opportunity in kingsessing park – 1242 s 51st street, philadelphia, pa 19143

this stunning 3,240 sq. ft. victorian triplex is the perfect blend of historical charm and modern updates, making it an unbeatable investment for any owner-occupant looking for immediate cash flow or to add to their portfolio. nestled directly across from the serene kingsessing park, this property offers not only a prime location but also a unique opportunity to let your tenants help cover the mortgage while you enjoy steady property appreciation.

key features:
structural integrity: comprehensive updates to the property include:
new windows and siding (2018)
brand-new roof with a 10-year warranty (2022)
upgraded electrical service
all beams replaced and new masonry work, ensuring lasting structural integrity.
flooring under warranty for additional peace of mind.

utilities & systems:
separate water meters for each unit, offering tenants autonomy and landlords ease of management.
laundry hookups available for added convenience.
a recently recertified fire alarm system.
full surveillance system installed for enhanced security.
remote control temperature for seamless management of heating and cooling.

ongoing maintenance: the property includes a month-to-month exterminator contract, ensuring ongoing pest control and maintenance, providing tenants and landlords peace of mind.

rental income:
current rental breakdown:
unit 1: 1 bed/1 bath, $1,100/mo, fully renovated with direct access to the yard.
unit 2: 2 bed/1 bath, $1,100/mo, fully renovated with modern finishes.
unit 3: 3 bed/1 bath, $1,200/mo, newly renovated in 2024 with breathtaking views of kingsessing park and a livable attic space.
the property is already generating consistent income through university contracts, making this an ideal investment for those seeking a dependable revenue stream.

prime location:
situated close to bartram's historic garden, university city, and convenient public transportation, this property offers an unbeatable location for tenants.
the street also features a local library, adding to the community feel of the neighborhood.
this move-in-ready triplex is not only an architectural beauty but also a sound investment with all the major updates completed. don’t miss out on the chance to own a piece of philadelphia’s victorian charm, upgraded with modern amenities.
this is an as-is sale.

  • Property Type

    Multi-Family

  • County

    PHILADELPHIA

  • Style

    Victorian

  • AD ID

    47177820

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Property Details

  • Water/Sewer

    • Water Source : Public

    Room Information

    • Patio/Porch Features: Porch(es)

    Interior Features

    • Roof : Flat
    • Basement Description: Unfinished
    • Property Appliances: Stove,Washer/Dryer Hookups Only,Refrigerator

    Roofing Information

    • Flat

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1915
    • Structure: Interior Row/Townhouse
    • Major Appliances: Stove,Washer/Dryer Hookups Only,Refrigerator
    • New Construction: No
    • Total Units: 3
    • Built: 1915
    • Construction Material: Masonry
    • Roof: Flat
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Victorian
    • Pool/Private: No Pool
    • Roof Type: Flat

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,451
    • Dimensions: 16.00 x 90.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Victorian
    • Main Square Feet: 1,451

    Property Information

    • SQ ft: 2,850
    • SQ ft (Living Area): 2,850
    • Total Lot SQ ft: 1,451
    • Financing: Cash,Conventional,FHA,VA
    • Appx. Lot Dimensions: 16.00 x 90.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Victorian

  • Listing Information

    • Possession: 0-30 Days CD
    • Days Of Market: 219

  • Tax Information

    • Annual Tax: $6,980
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD

    Assessment Information

    • Taxes Assessment Amount: $498,700

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA,VA
    • Roof: Flat

    Homeowners Association Information

    • Direction: GPS

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: GPS
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BuyOwner last updated this listing 05/13/2025 @ 12:53

  • MLS: PAPH2396446
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,850 sqft, 1,451 sized lot, and 0 parking. are nearby neighborhoods.