Welcome to 1418 North 52nd Street in Philadelphia, 19121. This is a legal triplex that is currently income-producing and is a great value-add for someone that wants to house hack or a seasoned investor. The property was renovated about 5 years ago. Central air was added, and it was completely redone. This is a corner property, so it has extra space. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom unit that has a deck. There's also a small backyard on the property, and it is located on the very busy 52nd Street business corridor, which means great long-term appreciation.
All of the units are below market rent. Tenants pay all their own utilities, and the utilities in the building are separate. The property is currently generating $3125 a month.
Within walking distance, you will find:
- great public transportation
- easy street parking
- plenty of businesses and major stores, such as Lowe's, McDonald's, hair care, and laundromats
Fairmount Park is within a 10-minute walk.
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Listing Snapshot
Price
$299,999
Days On Site
12 Days
Bedrooms
3
Inside Area (SqFt)
1,776 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1915
MLS® Number
PAPH2665464
Status
Active
Property Tax
$2,364
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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