Turnkey, fully renovated triplex offering modern finishes and approximately $53,000 in projected annual gross income. The property features a desirable unit mix consisting of a one-bedroom apartment on the first floor and two-bedroom apartments on both the second and third floors. Each unit has been thoughtfully updated with bright, open interiors, recessed lighting, durable plank flooring and contemporary kitchens featuring shaker-style cabinetry, quartz countertops, stainless-steel appliances and sleek black accents. The renovated bathrooms include large-format tile surrounds, built-in shower niches, modern vanities and matte-black fixtures. The building is fully electric, with separate meters and individual central-air systems for each apartment, helping simplify utility management and ongoing ownership. With updated finishes, modern mechanical systems and three move-in-ready units, 1493 N 53rd Street presents an excellent opportunity for an investor seeking a low-maintenance, income-producing property with strong projected revenue. Buyer to independently verify all projected income, expenses and utility information.
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Listing Snapshot
Price
$464,900
Days On Site
43 Days
Bedrooms
5
Inside Area (SqFt)
1,775 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1925
MLS® Number
PAPH2655082
Status
Active Under Contract
Property Tax
$2,341
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
4 days ago
Status changed to Active Under Contract
4 days ago
Listing updated with changes from the MLS®
3 weeks ago
Price changed to $464,900
a month ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Stone
Parking
None
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1775
SqFt Total
1775
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water Heater
Basement
Full
Cooling
Central AirElectric
Heating
ElectricForced Air
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Exterior Features
Pool Features
None
Community Features
MLS Area
19131 (19131)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
OVERBROOK
Listing courtesy of Century 21 Advantage Gold-Southampton
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