$ 415,000
-
$415,000
Price -
5
Bed -
3
Bath -
1,950
SqFt
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About the Listing 55701 - 3345387,3379191
1246 S 53rd St is a 3 residential unit triplex, offering an investor or owner-occupant a rare mix of immediate cash flow with a value-add opportunity. This lovely three-story brick semi-detached twin situated in a highly desirable pocket of Kingsessing, sits just minutes from UPenn, Drexel Hill, Cobbs Creek Parkway, SEPTA's Market-Frankford Line and local eateries. The building consists of two 2-bedroom/1bath units and one 1-bedroom/1bath unit, with 2 out of 3 units currently occupied on a long term lease generating annual gross income of $28,900+, leaving the vacant unit open to execute a value-add strategy, or live in one unit while collecting rental income from the others. The price, size, and condition of the property make this attractive for tenants looking for a centralized location fostering strong rental demand. This is a perfect opportunity for an investor seeking great cash flow and long-term upside in an appreciating neighborhood, or an owner-occupant wanting to significantly reduce their monthly housing expenses. Don't miss the chance to secure a multi-unit property with significant growth potential in a rapidly developing pocket of the city!
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Dishwasher, Dryer
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: 90% Forced Air,Radiant
- Fireplaces:
- Floor: Hardwood,Luxury Vinyl Plank
- Above Ground Sq Ft: 1950
- Below Ground Sq Ft: 0
- Basement: Combination
- Other: Ceiling Fan(s),Combination Dining/Living,Primary Bath(s),Recessed Lighting,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 19.00 x 81.00
- Zoning: RSA3
- Roof: Shingle,Other
- Others: Street Lights,Sidewalks,Very Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,498
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1246 S 53rd St Philadelphia, PA 19143
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