1309 South 52nd Street
$1,250,000
—
6,500
6,500
$192
New Construction
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...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.
- Listed by Haralabos Kiziroglou • Long & Foster Real Estate, Inc.P: (267)-353-4123 bobk@lnf.com
- Listed by Abigail Trimborn • Long & Foster Real Estate, Inc.P: (215)-499-0887 abby@phillypropertygroup.com
Property Details for 1309 South 52nd Street
Tax ID Number
511195800
OwnershipFee Simple
Structure TypeDetached
StyleContemporary
WaterfrontNo
GarageNo
SubdivisionWEST PHILADELPHIA
SubdivisionWEST PHILADELPHIA (PHILADELPHIA PA)
LISTING UPDATED: 10/30/2024 06:37 AM
Property Details for 1309 South 52nd Street
Status | Active |
---|---|
MLS # | PAPH2305932 |
Days on Market | 355 |
Taxes | $493 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2023 |
Lot Size | 0.05 AC / 2,040 SF |
County | Philadelphia County |
Building Information for 1309 South 52nd Street
Stories-Residences4Year Built2023Building Size-Lot Size0.05 AC / 2,040 SF
Property Information for 1309 South 52nd Street
Property History for 1309 South 52nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1309 South 52nd Street
Taxable ValueLand$60,400Additions-Total$60,400
Tax Record2024$845 ($70 / month)
Home Facts
Beds0Lot Size2,040 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN88-1-0008-05
Schools near 1309 South 52nd 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 |
---|---|---|
Comegys Benjamin B School PublicK to 8 | ||
Bartram John - Main 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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