1418 N 52nd St, Philadelphia, PA 19131

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List Price
$299,999
Days on Market
18
Status
ACTIVE
MLS#
PAPH2665464
Living Area
1,776
Lot Size (Acres)
0.05
Style
Traditional
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

Welcome to 1418 North 52nd Street. This is a legal triplex that is currently income-producing and is a great value-add for someone that wants to house hack or a seasoned investor. The property was renovated about 5 years ago. Central air was added, and it was completely redone. This is a corner property, so it has extra space. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom unit that has a deck. There's also a small backyard on the property, and it is located on the very busy 52nd Street business corridor, which means great long-term appreciation. All of the units are below market rent. Tenants pay all their own utilities, and the utilities in the building are separate. The property is currently generating $3125 a month. Within walking distance, you will find: - great public transportation - easy street parking - plenty of businesses and major stores, such as Lowe's, McDonald's, hair care, and laundromats Fairmount Park is within a 10-minute walk.

Additional Information

Area
19131 (19131)
Subdivision
West Philadelphia
Taxes
$2364
Interior Features
Bathroom - Tub Shower, Combination Dining/Living, Combination Kitchen/Dining, Efficiency, Kitchen - Galley, Upgraded Countertops
School District
Philadelphia City
Exterior Features
Other
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Legal Real Estate LLC. Contact: 2159659700