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.
Property Type
Multi-FamilySubdivision
West PhiladelphiaCounty
PHILADELPHIAStyle
ContemporaryAD ID
45231869
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Breakfast Area,Combination Dining/Living,Combination Kitchen/Dining,Floor Plan - Open,Wood Floors,Kitchen - Island,Recessed Lighting,Sprinkler System,Window Treatments
- Property Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Stove,Washer
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2023
- Structure: Detached
- Major Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Stove,Washer
- New Construction: No
- Total Units: 4
- Built: 2023
- Construction Material: Masonry
- Security System: Electric Alarm,Intercom
- Foundation/Basement: Permanent
- Architecture: Contemporary
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,040
- Lot Size (Acres): 0.05
- Architectural Style: Contemporary
- Main Square Feet: 2,040
Property Information
- SQ ft: 6,500
- SQ ft (Living Area): 6,500
- Total Lot SQ ft: 2,040
- Subdivision: WEST PHILADELPHIA
- Total Acreage: 0.05
- New Construction: No
- Type: Contemporary
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 322
-
Taxes / Assessments
Tax Information
- Annual Tax: $493
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $0
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: Cross streets are Kingsessing Ave and Chester Ave
-
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: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Cross streets are Kingsessing Ave and Chester Ave
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BuyOwner last updated this listing 01/15/2025 @ 11:17
- MLS: PAPH2305932
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,040 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19143, this PHILADELPHIA County Other , it is in the WEST PHILADELPHIA Subdivision, are nearby neighborhoods.