3D Matterport walk-through tour available! Extraordinary investment opportunity just a short 15-minute bike ride to University City. Expansive properly-zoned quadraplex with spacious 1-bed/1-bath apartments, individually metered, and located opposite Conestoga Community Park. Current rent roll produces a robust 10% cap rate with long-term stable tenants; create exceptional upward cashflow with cosmetic improvements. Each unit features roomy layouts with large living areas, updated kitchens, generous bedrooms, and updated bathrooms. Over $24,000 of annual net operating income - phenomenal addition to your portfolio!
Presented By: Coldwell Banker Realty
Interior Features for 1423 N 52Nd Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
General for 1423 N 52Nd Street
Acceptable FinancingConventional, Cash, FHA
AccessibilityNone
Architectural StyleStraight Thru
Cap Rate10.00
CityPHILADELPHIA
Construction MaterialsMasonry, Aluminum Siding
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsBetween Harlan Street & Warren Street
Garage Y/NNo
Gross Income28860.00
HeatingBaseboard - Electric
Lot Size Square Feet1418.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
ModificationTimestamp2025-04-29T20:35:25
MunicipalityPHILADELPHIA
Net Operating Income24098.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count4
Operating Expense3862.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG132.21
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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