1247 S 53rd St

Philadelphia, PA 19143

COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow in Philadelphia. Inquire for Marketing Packet!! The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood. This location is FANTASTIC. The property is surrounded by numerous amazing universities (St. Joseph?s University - City Campus, University of Penn, and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is 2 Bedrooms and 2 Full Bathrooms with additional den / office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attracts very good tenants of all different types. Pride of ownership is obvious at this property. The owner has self-managed meticulously. ALSO, there are so many options with this property! This is a perfect purchase for an investor, great cash flow and so much upside. This is also ideal for an owner-occupant! Unit 2 has been intentionally left vacant in the event the Buyer will occupy the unit. Live in one unit and the tenants will pay most of the expenses for the property. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!! Tax abatement in process, should be approved shortly! Tax abatement will last through 12/31/2030.