Philadelphia, PA 19143 537 S 55Th Street

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Presented By: Opus Elite Real Estate
  • MLS# PAPH2441770
  • 02/04/2025
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Home Details

This fully leased triplex presents an excellent investment opportunity in a prime location. Thoughtfully designed to maximize space and functionality, the building consists of three well-laid-out units, each offering comfortable and modern living. Two of the units feature two bedrooms and one bathroom, while the third is a spacious bilevel unit spanning the second and third floors with four bedrooms and two bathrooms. With all units currently leased, this property provides immediate rental income and strong investment potential. Each unit is designed with durability and style in mind, featuring commercial-grade laminate flooring, tiled kitchens and bathrooms, and central air and heating systems for year-round comfort. Large windows in every unit allow for abundant natural light, while high ceilings contribute to an open and airy feel throughout the building. The thoughtful layout ensures that each space feels spacious and inviting. Additionally, a private driveway provides the convenience of off-street parking, a rare amenity in this part of the city. Perfectly situated in a vibrant and growing neighborhood, this property offers excellent access to public transit, parks, and local conveniences. Baltimore Avenue, just a short walk away, is home to a variety of popular restaurants, cafs, and shops, making it a lively hub for residents. Clark Park, a beloved green space known for its farmers markets and community events, is also nearby, providing a perfect outdoor escape. The areas strong sense of community, along with its accessibility and amenities, makes it highly desirable for renters. Whether you're a seasoned investor or looking to expand your portfolio, this well-maintained triplex is a valuable opportunity in a thriving Philadelphia neighborhood.
Presented By: Opus Elite Real Estate

Interior Features for 537 S 55Th Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
BasementFully Finished, Outside Entrance
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NYes
FlooringCeramic Tile, Wood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesBathroom - Tub Shower, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Wood Floors
Total Fireplaces2
Total Stories3

General for 537 S 55Th Street

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer
Architectural StyleVictorian
CityPHILADELPHIA
Construction MaterialsMasonry, Brick
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsS 55th and Cedar Ave
ExclusionsTenants personal property
Garage Y/NNo
Heating90% Forced Air
Lease TypeYearly, Month to Month
Lot Size Square Feet4880.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-04-18T15:28:58
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG172.5
Property SubtypeTriplex
Property TypeMulti-Family
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Security FeaturesSmoke Detector
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount7165.0
Tax Assessed Value511900.0
Tax Lot219
Tax Year2024
Total SQFT2655
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom2
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5

Exterior for 537 S 55Th Street

Exterior AmenitiesSidewalks, Street Lights
Foundation DetailsConcrete Perimeter
Land Assessed Value102380.00
Land Use CodeO50
Lot Dimensions28.00 x 96.00
Lot Size Acres0.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $458,000
MLS#PAPH2441770
List Date 02/04/2025
Property Type Multi-Family
Phone 703.929.4729
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