$489,700
$499,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1247 S 53RD ST Philadelphia, PA 19143
2,900 SqFt
Key Details
Sold Price $489,700
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $168
Subdivision Kingsessing
MLS Listing ID PAPH2166048
Sold Date 11/30/22
Style Traditional
Abv Grd Liv Area 2,900
Originating Board BRIGHT
Year Built 1917
Annual Tax Amount $762
Tax Year 2022
Lot Size 1,941 Sqft
Acres 0.04
Lot Dimensions 19.00 x 100.00
Property Description
COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow in Philadelphia. 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 (St. Joseph’s University - City Campus, 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 2 Bedrooms and 2 Full Bathrooms with 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 attracts very good tenants of all different types. Pride of ownership is obvious at this property. The owner has self-managed meticulously. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. This is also ideal for an owner-occupant! Unit 2 has been intentionally left vacant in the event the Buyer will occupy the unit. Live in one unit and the tenants will pay most of the expenses for the property. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!! Tax abatement in process, should be approved shortly! Tax abatement will last through 12/31/2030.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Rooms
Basement Fully Finished
Interior
Interior Features Recessed Lighting, Stall Shower, Upgraded Countertops, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Built-Ins, Intercom, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Sprinkler System, Wood Floors
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split, Ceiling Fan(s), Central A/C
Flooring Tile/Brick, Hardwood
Equipment Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer, Intercom, Stainless Steel Appliances
Appliance Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer, Intercom, Stainless Steel Appliances
Heat Source Electric
Exterior
Exterior Feature Patio(s)
Waterfront N
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Porch Patio(s)
Parking Type On Street
Garage N
Building
Lot Description Rear Yard
Foundation Stone, Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,High
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 511224800
Ownership Fee Simple
SqFt Source Assessor
Security Features Intercom,Security Gate,Exterior Cameras,Fire Detection System,Main Entrance Lock,Motion Detectors,Security System,Sprinkler System - Indoor,Surveillance Sys
Acceptable Financing Conventional, Cash, VA, FHA
Listing Terms Conventional, Cash, VA, FHA
Financing Conventional,Cash,VA,FHA
Special Listing Condition Standard
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Bought with Stephen Bygrave • Keller Williams Main Line