United StatesPennsylvaniaPhiladelphiaKingsessing1309 S 52ND Street

1309 S 52ND Street
1309 S 52ND Street Philadelphia, Pennsylvania 19143 United States

$1,250,000
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Long & Foster Real Estate, Inc.

Listing Courtesy of Long & Foster Real Estate, Inc.
$1,250,000
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6,500 Sq Ft.
Interior
.05 Acres
Exterior
Multi Family
Property type
2023
Year Built
PAPH2305932
Web Id
PAPH2305932
MLS ID
WEST PHILADELPHIA
Subdivision
Philadelphia City
School District
136
days ago

About 1309 S 52ND Street

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.

Listing Courtesy of Long & Foster Real Estate, Inc.

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.

Amenities

  • Breakfast Area
  • Dishwasher
  • Refrigerator
  • Sprinkler System
  • Wood Floors

features

Style
Contemporary

PROPERTY INFORMATION

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer
Cooling
Central A/C
Heating
Central
Sewer
Public Sewer
Style
Contemporary

INTERIOR

Interior Features
Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Wood Floors, Kitchen - Island, Recessed Lighting, Sprinkler System, Window Treatments

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Listing Courtesy of Long & Foster Real Estate, Inc.
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