1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo
1247 S 53rd Street , Philadelphia, PA 19143 Photo

33 Total Photos [Click to View All]

1247 S 53rd Street Philadelphia, PA 19143
$525,000
COMING SOON / MLS# PAPH2620988 / Commercial - Business / Philadelphia

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!! ALSO — this property presents an INCREDIBLE opportunity for an owner-occupant looking to live in a beautifully renovated unit while offsetting expenses with substantial rental income from the additional apartments. The flexible layout and ideal unit mix make this a rare opportunity for both investors and savvy buyers looking to build long-term wealth through real estate ownership. 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. There are so many options with this property! This is a perfect purchase for an investor seeking great cash flow and long-term upside, or an owner-occupant wanting to significantly reduce their monthly housing expenses while owning a fully renovated, tax-abated building in a prime Philadelphia location. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!

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Property Details

Property Type: Commercial - Business
Cooling: Ductless/Mini-Split, Ceiling Fan(s), Central A/C
Fuel Type: Electric
Lot Size: 0.04 Acres
Roof Type: Shingle, Rubber
Taxes: $2,167
Year Built: 1917

Feature Descriptions

Days on Site: 1
Exterior: Masonry
Flooring: Tile/Brick, Hardwood
Location: Urban
Lot: Rear Yard
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: Street
Total Garage/Parking Spaces: 0
Units: 3
Water: Public

Schools

School District: PHILADELPHIA CITY

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Group
Agency Phone: 6107925900

Shown By

Agent Name: James Ashby
Agent Phone: (570) 445-8003
Agency Title: Lewith & Freeman

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