Thank you
Haralabos Kiziroglou
Long & Foster Real Estate, Inc.
610-225-7440
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.
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Water Source : Public
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
Cooling: Central A/C
Heating: Central
Cooling Fuel: Electric
Heating Fuel: Natural Gas
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: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 2,040
Lot Size (Acres): 0.05
Architectural Style: Contemporary
Main Square Feet: 2,040
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
Possession: Settlement
Days Of Market: 137
Annual Tax: $493
Tax Year: 2024
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $0
Parking Type: On Street
Has Garage: N
Direction: Cross streets are Kingsessing Ave and Chester Ave
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Direction: Cross streets are Kingsessing Ave and Chester Ave
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5362 Glenmore Avenue , Philadelphia, PA,19143 | $54,900 | -- | -- | 705 | 705 Sqft |
5639 Carpenter Street , Philadelphia, PA,19143 | $44,000 | -- | -- | 1,061 | 1061 Sqft |
1341 S Lindenwood Street , Philadelphia, PA,19143 | $47,000 | -- | -- | 1,000 | 1000 Sqft |
5557 Walton Avenue , Philadelphia, PA,19143 | $145,000 | 3 | 1.0 | 1,040 | 900 Sqft |
1722 S Yewdall Street , Philadelphia, PA,19143 | $19,000 | -- | -- | 885 | 885 Sqft |
6146 Webster Street , Philadelphia, PA,19143 | $45,000 | -- | -- | 1,659 | 1659 Sqft |
531 S Redfield Street , Philadelphia, PA,19143 | $30,000 | -- | -- | 930 | 930 Sqft |
6026 Pine Street , Philadelphia, PA,19143 | $799,000 | -- | -- | 13,500 | 13500 Sqft |
1420 S 58th Street , Philadelphia, PA,19143 | $59,900 | -- | -- | 2,185 | 2185 Sqft |
316 S 60th Street , Philadelphia, PA,19143 | $58,500 | -- | -- | 1,225 | 1225 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 06:56
MLS: PAPH2305932
LISTED BY: Haralabos Kiziroglou , Long & Foster Real Estate, Inc.
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 50%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.