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!!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
TraditionalAD ID
47392408
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Room Information
- Patio/Porch Features: Patio(s)
Interior Features
- Recessed Lighting,Bathroom - Stall Shower,Upgraded Countertops,Ceiling Fan(s),Combination Kitchen/Dining,Floor Plan - Open,Kitchen - Island,Built-Ins,Dining Area,Entry Level Bedroom,Kitchen - Gourmet,Primary Bath(s),Sprinkler System,Wood Floors
- Roof : Shingle,Rubber
- Exterior Property Features : Exterior Lighting,Sidewalks,Street Lights
- Basement Description: Fully Finished
- Property Appliances: Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer,Dryer,Intercom,Stainless Steel Appliances
Roofing Information
- Shingle,Rubber
Heating & Cooling
- Cooling: Ductless/Mini-Split,Ceiling Fan(s),Central A/C
- Heating: Other
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Exterior Features: Exterior Lighting,Sidewalks,Street Lights
- Year Built: 1917
- Structure: Twin/Semi-Detached
- Major Appliances: Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Washer,Dryer,Intercom,Stainless Steel Appliances
- New Construction: No
- Total Units: 3
- Built: 1917
- Construction Material: Mixed
- Security System: Security Gate,Fire Detection System,Main Entrance Lock,Security System,Sprinkler System - Indoor,Surveillance Sys
- Roof: Shingle,Rubber
- Foundation/Basement: Stone,Concrete Perimeter,Slab
- Architecture: Traditional
- Pool/Private: No Pool
- Roof Type: Shingle,Rubber
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,941
- Dimensions: 19.00 x 100.00
- Lot Size (Acres): 0.04
- Architectural Style: Traditional
- Stories Total: 4
- Main Square Feet: 1,941
Property Information
- SQ ft: 2,900
- SQ ft (Living Area): 2,900
- Total Lot SQ ft: 1,941
- View: Street
- Financing: Conventional,Cash,VA,FHA,Negotiable
- Appx. Lot Dimensions: 19.00 x 100.00
- Total Acreage: 0.04
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Negotiable,Immediate
- Days Of Market: 130
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,945
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable,Immediate
Assessment Information
- Taxes Assessment Amount: $139,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Conventional,Cash,VA,FHA,Negotiable
- Roof: Shingle,Rubber
Homeowners Association Information
- Direction: The property is located on 53rd Street between Springfield and Warrington Avenue.
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Location Type: Middle Of Block
- Direction: The property is located on 53rd Street between Springfield and Warrington Avenue.
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BuyOwner last updated this listing 05/13/2025 @ 12:49
- MLS: PAPH2407100
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,941 sized lot, and 0 parking. are nearby neighborhoods.