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% 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. 5 years left on the tax abatement. Contact us to schedule a tour and request financials.
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Listing Snapshot
Price
$1,250,000
Days On Site
52 Days
Bedrooms
10
Inside Area (SqFt)
6,500 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
2023
MLS® Number
PAPH2659366
Status
Active
Property Tax
$493
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.05
Foundation
Permanent
Parking
On Street
Property Condition
New Construction
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
6500
SqFt Total
6500
Style
Contemporary
Water Source
Public
Zoning
NA
Interior Features
Appliances
CooktopGas Water HeaterDishwasherDryerMicrowaveRefrigeratorStainless Steel Appliance(s)Washer
Cooling
Central AirElectric
Flooring
Wood
Heating
Natural GasCentral
Interior
Kitchen IslandRecessed LightingOpen Floorplan
Window Features
Window CoveringsWindow Treatments
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Exterior Features
Pool Features
None
Windows/Doors
Window CoveringsWindow Treatments
Community Features
MLS Area
19143 (19143)
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Howard Hanna Real Estate Services