1418 N 52nd St, Philadelphia, PA 19131

$249,000
1,776
SqFt

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List Price
$249,000
Status
ACTIVE
MLS#
PAPH2679806
Living Area
1,776
Lot Size (Acres)
0.05
Style
Traditional
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Welcome to 1418 North 52nd Street perfect for an investor portfolio on a main corridor. This is an income producing legal triplex that was renovated about 5 years ago and has new mechanicals, plumbing, central air, kitchens and baths. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom . All units are rented and with great future potential for increased rents. 14% CAP rate. and it is located on the very busy 52nd Street business corridor for great long-term appreciation. All of the units are below market rent. The property is currently generating $3125 a month. Close to public transportation, street parking, and shopping. This property qualifies for Penn's Closing Cost Reduction Program.

Additional Information

Area
19131 (19131)
Subdivision
Parkside
Interior Features
Tub Shower, Dining Combo, Dining Combo, Energy Efficient, Galley Kitchen, Upgraded Countertops
School District
The School District Of Philadelphia
Exterior Features
Other
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Basement
Full, Unfinished

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Calculator source: Real Geeks

Listing courtesy of Legal Real Estate LLC. Contact: