Philadelphia, PA 19143 1247 S 53Rd Street

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Presented By: Keller Williams Realty Group
  • MLS# PAPH2407100
  • 10/21/2024
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Home Details

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!!
Presented By: Keller Williams Realty Group

Interior Features for 1247 S 53Rd Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
FlooringTile/Brick, Hardwood
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesRecessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Built-Ins, Dining Area, Entry Level Bedroom, Kitchen - Gourmet
Total Stories4

General for 1247 S 53Rd Street

Acceptable FinancingConventional, Cash, VA, FHA, Negotiable
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer, Intercom, Stainless Steel Appliances
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMixed
Cool FuelElectric
CoolingDuctless/Mini-Split, Ceiling Fan(s), Central A/C
CountyPHILADELPHIA
DirectionsThe property is located on 53rd Street between Springfield and Warrington Avenue.
DisclosuresProp Disclosure
ExclusionsAll tenant belongings.
Garage Y/NNo
HeatingOther
Lease TypeYearly
Location TypeMiddle Of Block
Lot Size Square Feet1941.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-02-27T17:10:35
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
Patio/Porch FeaturesPatio(s)
PossessionNegotiable, Immediate
Price Per Sq Ft Total AG261.73
Property ConditionExcellent
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle, Rubber
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Security FeaturesSecurity Gate, Fire Detection System, Main Entrance Lock, Security System, Sprinkler System - Indoor, Surveillance Sys
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount1945.0
Tax Assessed Value139000.0
Tax Lot34
Tax Year2024
Total Actual Rent45600.00
Total SQFT2900
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom2
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1917
Year Built SourceEstimated
ZoningRSA-3

Exterior for 1247 S 53Rd Street

Exterior AmenitiesExterior Lighting, Sidewalks, Street Lights
Foundation DetailsStone, Concrete Perimeter, Slab
Land Assessed Value27800.00
Land Use CodeH50
Lot Dimensions19.00 x 100.00
Lot FeaturesRear Yard
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $530,000
MLS#PAPH2407100
List Date 10/21/2024
Property Type Multi-Family
Phone 703.929.4729
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