1309 S 52nd St , PHILADELPHIA, PA 19143
PHILADELPHIA, PA 19143
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.
Details
| MLS# | PAPH2305932 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | New Construction |
| Status | ACTIVE-BRIGHT |
| Year | 2023 |
| Days On Site | 461 |
| Listing Provided By | Long & Foster Real Estate, Inc. | Haralabos Kiziroglou |
Features
| SQ Feet | 6,500 |
|---|---|
| Units | 4 |
| Zoning | NA |
| Acreage | 0.05 |
| Water Front | Yes |
Market Activity 19143
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| Community Name | WEST PHILADELPHIA |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (In WEST PHILADELPHIA) | |
Price: $1,250,000 low | high Med: $89,950 SqFt: 6,500 low | high Med: 1,402 $ / SqFt: $192 low | high Med: $66 On site: 461 low | high Med: 199.000000 | |
