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Long & Foster Real Estate Inc. Logo Active Commercial Sale Multifamily

1309 South 52nd Street, Philadelphia, Pennsylvania, 19143, USA

USD $1,250,000
Reference ID: PAPH2483224 Web ID: eab2a
  • Located in Philadelphia's 19143 area

  • Five residential units total

  • Each unit has 2 bedrooms, 2 bathrooms

  • Building is 100% rented

  • Seven years left on tax abatement

Welcome to 1309 S 52nd St., a prime multifamily investment opportunity nestled in the heart of Philadelphia's vibrant and rapidly developing 19143 area. This impressive property represents a rare chance to acquire a meticulously maintained multi-family building boasting 5 spacious residential units, each featuring 2 bedrooms and 2 full bathrooms, making it an ideal investment for both seasoned and budding real estate investors. Offered at a 7.25% cap rate. The buildings exterior exudes classic charm and is complemented by a well-manicured facade, offering exceptional curb appeal. Each of the 5 units has been thoughtfully designed to provide a comfortable and modern living environment, ensuring a high level of desirability among potential tenants. The open floor plans, abundant natural light, and contemporary finishes creating an inviting atmosphere, while the inclusion of two full bathrooms per unit adds an extra layer of convenience and luxury. All units come with a full appliance package, in-unit washer-dryers, built in surround sound speakers, security systems. In addition to the property's undeniable appeal, the location itself is a stand out feature. Nearby development projects are enhancing the area's appeal and promise future appreciation for savvy investors. Its also very close to many educational and medical facilities, including but not limited to: Penn Medicine University City, Childrens Hospital of Philadelphia, University of Pennsylvania. With its strategic location, well-appointed units, and strong rental potential, 1309 S 52nd St, represents a compelling opportunity for investors seeking a multi-family property with enduring value and significant growth potential. Dont miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment. 7 years left on the tax abatement and the building is 100% stabilized as all 5 units are rented. Contact us to schedule a tour and request financials.
  • Transaction Type: Commercial Sale
  • Property Type: Multifamily
  • Status: Active
  • Year Built: 2023
  • Lot Size: 0.05 Acres
  • Cooling: Central Air
  • Parking: On Street
Map
Businesses Nearby

Booker's Restaurant & Bar

(0.5 miles away)

720 West Bistro

(0.6 miles away)

Justin's Snack Corner

(0.7 miles away)

48th Street Grille

(0.8 miles away)

Cottons Place

(1 mile away)

Anna's Restaurant

(1 mile away)

SLURP’D

(1 mile away)

52nd Skyline

(1 mile away)

Golden Box

(1 mile away)

Ree Vee's Eatery

(1 mile away)
Public Transportation

Chester Av & 52nd St

(0.5 miles away)

Greenway Av & 52nd St

(0.2 miles away)

49th Street

(0.2 miles away)

Woodland Av & 52nd St

(0.3 miles away)

54th St & Warrington Av

(0.3 miles away)

49th St & Woodland Av

(0.4 miles away)

52nd St

(1 mile away)

52nd & Market Transit center

(1 mile away)

Market St & 52nd St

(1 mile away)

52nd St & Market St - south

(1 mile away)
Airports

Philadelphia International Airport

(5 miles away)

Northeast Philadelphia Airport

(15 miles away)
Contact Long & Foster Real Estate Inc.
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Property Highlights

  • Located in Philadelphia's 19143 area

  • Five residential units total

  • Each unit has 2 bedrooms, 2 bathrooms

  • Building is 100% rented

  • Seven years left on tax abatement