1309 South 52nd Street

Philadelphia, PA 19143

$1,250,000
Price
Beds
6,500 Sq. Ft.
$192 / Sq. Ft.
6,500
Sq. Ft.
$192
per Sq. Ft.

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.
  1. Listed by Haralabos Kiziroglou • Long & Foster Real Estate, Inc.
    P: (267)-353-4123 bobk@lnf.com
  2. 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
Ownership
Fee Simple
Structure Type
Detached
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
WEST PHILADELPHIA
Subdivision
WEST PHILADELPHIA (PHILADELPHIA PA)
LISTING UPDATED: 10/30/2024 06:37 AM

Property Details for 1309 South 52nd Street

StatusActive
MLS #PAPH2305932
Days on Market355
Taxes$493 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2023
Lot Size0.05 AC / 2,040 SF
CountyPhiladelphia 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

Location
Location
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $0
  • Zoning: NA
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 6,500.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 1248676
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Wood Floors, Kitchen - Island, Recessed Lighting, Sprinkler System, Window Treatments
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Accessibility Features: Level Entry - Main
  • Security Features: Electric Alarm, Intercom
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 1309 South 52nd 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 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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1309 South 52nd Street is a multi-family home for sale in Philadelphia, PA 19143. This property was listed for sale on December 15, 2023 by Long & Foster Real Estate, Inc., it's currently listed at $1,250,000. It has been on the market for a total of 355 days and was last sold on May 13, 2019. This listing's school district is The School District of Philadelphia. Nearby schools include Comegys Benjamin B School, Bartram John - Main and The Workshop School. 1309 South 52nd Street is a 0-bed, 0-bath, 6,500 sqft multi-family home built in 2023.

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 Long & Foster Real Estate, Inc.

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.