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. 8 years left on the tax abatement and 4 of the 5 units are already rented. Contact us to schedule a tour and request financials.
This property is $984.6K more than the Median Sold Price and $9/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2305932
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (610) 225-7440
Listing Agent: Haralabos Kiziroglou
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Universal Institute Charter School at Bluford
5801 Media St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-6
3
/10
Inquiry Charter School
1301 Belmont Ave
Distance between this listing and this school0.72 miles
Public Charter Grades PK-5
3
/10
Mastery Charter School Mann Elementary
5376 W Berks St
Distance between this listing and this school0.90 miles
Public Charter Grades KG-6
Nearby Schools
2
/10
Edward Heston Elementary School
1621 N 54th St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
3
/10
James Rhoads Elementary School
4901 Parrish St
Distance between this listing and this school0.52 miles
Public District Grades KG-8
3
/10
Global Leadership Academy Charter School
4601 W Girard Ave
Distance between this listing and this school0.55 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Mastery Charter School -Shoemaker Campus
5301 Media St
Distance between this listing and this school0.24 miles
Public Charter Grades 7-12
5
/10
Kipp Dubois Charter School
5070 Parkside Ave
Distance between this listing and this school0.53 miles
Public Charter Grades 9-12
4
/10
Parkway West
4725 Fairmount Ave
Distance between this listing and this school0.80 miles
The neighbors living near this home have an average income of $28,265. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1309 S 52nd St
What is the listing price of this property?
The listing price of 1309 S 52nd St property is $1,250,000.
What type of property is this?
The property 1309 S 52nd St is a house located in Philadelphia, Pennsylvania, 19143.
Is this property for sale now?
Active Listing: 1309 S 52nd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $258 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 1, 2019 for $78,000. (source: MLS/tax record).
What is the square footage of this property?
The property 1309 S 52nd St is 6,500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1309 S 52nd St is 2023.
This home is located at 1309 S 52nd St in Philadelphia, PA and zip code 19143 in the West Philadelphia neighborhood. This 6,500 square foot home, which was built in 2023, sits on a 0.05 acre lot. It has been listed on Rocket Homes since December 15, 2023 and is currently priced at $1,250,000.
Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.
From Rocket Homes Real Estate and based on county public records data.