1309 S 52Nd Street, Philadelphia, PA 19143-4308 $1,250,000

# of Units: 4
Interior Sq. Ft: 6,500
Acreage: 0.05
Age:2 years
Taxes: $493
MLS#: PAPH2305932
Subdivision: West Philadelphia
Design/Type:
Detached

Description

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.

Taxes: $493
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Central Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Accessibility - Level Entry - Main, Electric Alarm, Intercom

Exterior
Permanent Foundation, Masonry

Contact Information

Listing Courtesy of: Long & Foster Real Estate, Inc. , (610) 225-7440, art@lnf.com

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Listing data as of 3/16/2025.