$1,250,000

1309 S 52nd St, Philadelphia, PA, 19143

6,500

Square feet

0.05

Acres

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.

Facts & Features

MLS® # PAPH2305932
Price $1,250,000
Bathrooms 0.00
Square Footage 6,500
Acres 0.05
Year Built 2023
Type Multi-Family
Sub-Type Other, Detached
Style Contemporary
Status Active

Community Information

Address 1309 S 52nd St
Area 19143
Subdivision WEST PHILADELPHIA
City Philadelphia
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19143
Senior Community No

Amenities

Amenities Wood Floors, Recessed Lighting, Sprinkler System, Shades/Blinds
Is Waterfront No

Interior

Interior Features Floor Plan-Open
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer
Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Foundation Permanent

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed December 15th, 2023
Days on Market 143
Zoning NA
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLong & Foster Real Estate, Inc.
Contact Info(610) 225-7440

Listing Map

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