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Jeejesh Mannambeth

radekjeejesh@gmail.com +1(484) 631-6685

Listed by Francis Nguyen • Real of Pennsylvania

$415,000

Est. payment - /mo

1,950 SqFt

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $212

Subdivision Kingsessing

MLS Listing ID PAPH2653504

Style Traditional

Abv Grd Liv Area 1,950

Year Built 1917

Annual Tax Amount $4,498

Tax Year 2026

Lot Size 1,572 Sqft

Acres 0.04

Lot Dimensions 19.00 x 81.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA3

Rooms

Basement Combination, Other

Interior

Interior Features Ceiling Fan(s), Combination Dining/Living, Primary Bath(s), Recessed Lighting, Wood Floors, Other

Hot Water 60+ Gallon Tank

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Hardwood, Luxury Vinyl Plank

Equipment Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Dishwasher, Dryer

Fireplace N

Appliance Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Dishwasher, Dryer

Heat Source Electric, Natural Gas

Exterior

Water Access N

Roof Type Shingle,Other

Accessibility Other

Garage N

Private Pool No

Building

Foundation Concrete Perimeter, Slab, Other

Above Ground Finished SqFt 1950

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 511231600

Ownership Fee Simple

SqFt Source 1950

Security Features Smoke Detector

Acceptable Financing Cash, Conventional, Negotiable, Other

Listing Terms Cash, Conventional, Negotiable, Other

Financing Cash,Conventional,Negotiable,Other

Special Listing Condition Standard

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Nearby School & Business

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Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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1246 S 53RD ST Philadelphia, PA 19143

Jeejesh Mannambeth

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information