Philadelphia, PA 19143,1247 S 53RD ST
Philadelphia, PA 19143,1247 S 53RD ST
Philadelphia, PA 19143,1247 S 53RD ST
33
$489,700
$499,000
1.9%
Est.Price: ?

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2,900 SqFt

1247 S 53RD ST Philadelphia, PA 19143

Est. payment /mo
SOLD DATE : 11/30/2022

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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)

Water Access N

Roof Type Shingle,Rubber

Accessibility None

Porch Patio(s)

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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Bright MLS (BMLS)
Listed by Eric D Feinberg • Keller Williams Realty Group
Bought with Stephen Bygrave • Keller Williams Main Line

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Bradley Perez

Agent | License ID: 1972347

+1(609) 383-5668

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