CHARIS REALTY GROUP

Contemporary

1309 S 52ND STREET

PHILADELPHIA , PA 19143

MLS#: PAPH2584520

$1,250,000

Status: Active
Listing number: PAPH2584520
Listing provided by: Howard Hanna Real Estate Services
Listing agent phone: None
Last update: 3 days ago
New on site 4 days ago
Browse Properties
WEST PHILADELPHIA - Residential Income

Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

2023

Sq.Footage

6,500

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% 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. 6 years left on the tax abatement and the building is 100% stabilized as all 5 units are rented. Contact us to schedule a tour and request financials.

Features & Amenities

Interior

  • Other Interior Features

    Kitchen Island, Recessed Lighting, Open Floorplan

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Above Grade Finished Area

    6500.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    $493

  • Sq. Footage

    6, 500

  • Price/SqFt

    $192

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Permanent

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Haralabos Kiziroglou , Howard Hanna Real Estate Services

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Agent Rachel Gardner

AGENT

Rachel Gardner

Call Rachel today to schedule a private showing.

(814) 977-4341

rachel@charisrealty.com


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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% 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. 6 years left on the tax abatement and the building is 100% stabilized as all 5 units are rented. Contact us to schedule a tour and request financials.

1309 S 52ND STREET

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