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1247 S 53RD Street

PHILADELPHIA, PA 19143
  • $530,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: PAPH2411802
$530,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1917
County:

School Ratings & Info

School District:

Description

COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn, and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!

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©2025 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-12T18:10:50.477.
www.lenzateam.com/homes/156986404
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1247 S 53RD Street PHILADELPHIA, PA 19143

  • Price: $530,000
  • Status: Active
  • On Site: 83 Days
  • ID#: PAPH2411802
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1917
Built
Neighborhood:
19143 (19143)
County:
Philadelphia
Area:
19143 (19143)
School District:
Philadelphia City
Property Description
COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn, and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Lot Features Rear Yard Parking Types On Street Property Condition Excellent Roof ShingleRubber View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2900.00 Cooling Ductless/Mini-SplitCeiling Fan(s)Central A/C Exclusions All tenant belongings. Flooring Tile/BrickHardwood Heating Other Heating YN Yes Net Square Feet 2900.00 Security Features Fire Detection SystemMain Entrance LockSprinkler System - Indoor

Property Features

Acceptable Financing ConventionalCashVAFHANegotiable Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Springfield Avenue Foundation Details StoneConcrete PerimeterSlab Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 803433623732 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 1945.00 Tax Lot 34 Total Actual Rent 45600.00 Transportation Airport less than 10 milesMetro/Subway Station less than 1 mileBus Stop less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning RSA-3 Zoning Description 3 Residential Units.

Listing courtesy of Keller Williams Realty Group: .


©2025 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-12T18:10:50.477.
 
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