229 N 52ND ST, Philadelphia, PA 19139
229 N 52ND ST, Philadelphia, PA 19139
229 N 52ND ST, Philadelphia, PA 19139
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Listed by Michael Cohen • KW Empower
$530,000
Est. payment /mo
1,700 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2616668

Year Built 1903

Annual Tax Amount $1,352

Tax Year 2023

Lot Size 1,700 Sqft

Acres 0.04

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Welcome to 238 N 52nd St, a well-maintained mixed-use investment property in West Philadelphia featuring 7 total units 6 residential studio apartments and 1 commercial salon space. Street-level salon is currently rented for $900/month and includes the main salon area, private storage room, and bathroom. The six residential studio units are each rented for $775/month, creating strong income potential for investors.

The property features separate electric and gas meters for all 7 units. Heating is provided by a radiator system with a central thermostat controlled by the lower level, and the main boiler was replaced in 2022. The salon also includes 2 mini-split systems for additional comfort. There is 1 hot water heater servicing the residential units and a separate hot water heater for the commercial space. Additional updates include a roof approximately 4 years old.

Conveniently located near public transportation, shopping, and major roadways, this fully occupied mixed-use property is a great addition to any investment portfolio.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RSA3

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Building

Foundation Block, Brick/Mortar, Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 441129500

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard


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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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