Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1917
Sq.Footage
N/A
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!!
Features & Amenities
Interior
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$520,000
-
Tax Amount
1945.0
-
Zoning
3 Residential Units.
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Eric D Feinberg , Keller Williams Realty Group
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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