1247 South 53rd Street

Philadelphia, PA 19143

$530,000
Price
5
Beds
4
Baths
2,900 Sq. Ft.
$183 / Sq. Ft.
2,900
Sq. Ft.
$183
per Sq. Ft.

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...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!
  1. Listed by Eric D Feinberg • Keller Williams Realty Group
    P: (484)-948-5872 ericfeinberg@kw.com

Property Details for 1247 South 53rd Street

Tax ID Number
511224800
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Views
Street
Garage
No
Cross Street
Springfield Avenue
LISTING UPDATED: 11/07/2024 03:19 PM

Property Details for 1247 South 53rd Street

StatusActive
MLS #PAPH2407100
Days on Market65
Taxes$1,945 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1917
Lot Size0.04 AC / 1,941 SF
CountyPhiladelphia County

Building Information for 1247 South 53rd Street

Stories-Residences3Year Built1917Building Size-Lot Size0.04 AC / 1,941 SF

Property Information for 1247 South 53rd Street

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $139,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $111,200
  • City Town Tax: $856
  • Land Assessed Value: $27,800
  • Clean Green Assessed: No
  • Land Use Code: H50
  • Zoning: RSA-3
  • Zoning Dscrp: 3 Residential Units.
  • Tax Lot: 34
  • School Tax: $1,089
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 1450
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
  • Unit Type Features: BI-LEVEL Unit!
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 738
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Finished SQFT: 528
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $45,600
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Level Count: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 19.00 x 100.00
  • Lot Dimensions Source: Estimated
  • Lot Features: Rear Yard
  • Location Type: Middle Of Block
  • Parcel ID: 1248936
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Built-Ins, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Sprinkler System, Wood Floors
  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer, Intercom, Stainless Steel Appliances
  • Accessibility Features: None
  • Security Features: Security Gate, Fire Detection System, Main Entrance Lock, Security System, Sprinkler System - Indoor, Surveillance Sys
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Ceiling Fan(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 1247 South 53rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1247 South 53rd Street

Taxable ValueLand-Additions-Total-
Tax Record2024$2,167 ($181 / month)
Home Facts
Beds5Total Finished SqFt2,025 SqFtAbove Grade Finished SqFt2,025 SqFtStories3Lot Size1,941 SqFtStyleSingle Family ResidenceYear Built1917ZoningRSA3CountyPHILADELPHIAAPN51-1-2248-00

Schools near 1247 South 53rd Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harrington Avery D School
PublicK to 8

Sayre William L Middle School
Public9 to 12

The Workshop School
Public9 to 12

Motivation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1247 South 53rd Street is a multi-family home for sale in Philadelphia, PA 19143. This property was listed for sale on October 21, 2024 by Keller Williams Realty Group, it's currently listed at $530,000. It has been on the market for a total of 65 days and was last sold on November 30, 2022. This listing's school district is The School District of Philadelphia. Nearby schools include Harrington Avery D School, Sayre William L Middle School and The Workshop School. 1247 South 53rd Street is a 5-bed, 4-bath, 2,900 sqft multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Group

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.