11 months on rocket

1309 S 52nd St, Philadelphia, PA, 19143

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,500 SqFt
$192/SqFt
House

Location

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1309 S 52nd St, Philadelphia$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
MLS #PAPH2305932
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1309 S 52nd St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 6,500 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (610) 225-7440
  • Listing Agent: Haralabos Kiziroglou

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Basement: No
  • Interior: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Wood Floors, Kitchen - Island, Recessed Lighting, Sprinkler System, Window Treatments

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross streets are Kingsessing Ave and Chester Ave

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $258
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1309 S 52nd St vs Philadelphia

338 DAYS ON ROCKET

+294 Days

$1,250,000

+$988.1K More

$192/SqFt

-$7 Less

KEY TAKEAWAY

This property is $988.1K more than the Median Sold Price and $7/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

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2019Home Sold
$78,000
May 26, 2006Home Sold
$28,000

Tax History

YEARPROP. TAXASSESSMENT
2020$258 -
2019$257$18,400
2018$258$18,400
2017$258$18,400

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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.

Nearby Schools

school-card-donut-598560
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 0.54 miles

  • Public Charter Grades KG-6

school-card-donut-598561
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 0.72 miles

  • Public Charter Grades PK-5

school-card-donut-598562
3
/10

  • Mastery Charter School Mann Elementary

  • 5376 W Berks St

  • 0.90 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,265. Most Philadelphia, PA residents have annual incomes less than $35k. Typical family type is 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.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19143›1309 S 52nd St

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.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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