1418-18 N 52ND ST, Philadelphia, PA 19131
1418-18 N 52ND ST, Philadelphia, PA 19131
1418-18 N 52ND ST, Philadelphia, PA 19131
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Listed by Katherine Mejia • Legal Real Estate LLC
$249,000
Est. payment /mo
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1,776 SqFt
New

1418-18 N 52ND ST Philadelphia, PA 19131

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Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,776 sqft

Price per Sqft $140

Subdivision Parkside

MLS Listing ID PAPH2679806

Style Traditional

Abv Grd Liv Area 1,776

Year Built 1915

Annual Tax Amount $2,364

Tax Year 2027

Lot Size 2,298 Sqft

Acres 0.05

Lot Dimensions 48.00 x 72.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Welcome to 1418 North 52nd Street perfect for an investor portfolio on a main corridor. This is an income producing legal triplex that was renovated about 5 years ago and has new mechanicals, plumbing, central air, kitchens and baths. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom . All units are rented and with great future potential for increased rents. 14% CAP rate. and it is located on the very busy 52nd Street business corridor for great long-term appreciation. All of the units are below market rent. The property is currently generating $3125 a month. Close to public transportation, street parking, and shopping. This property qualifies for Penn's Closing Cost Reduction Program.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Rooms

Basement Full, Unfinished

Interior

Interior Features Bathroom - Tub Shower, Combination Dining/Living, Combination Kitchen/Dining, Efficiency, Kitchen - Galley, Upgraded Countertops

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Equipment Built-In Microwave

Appliance Built-In Microwave

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 1776

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 442296900

Ownership Fee Simple

SqFt Source 1776

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Bryan Capone

Bryan Capone

Broker Associate ABAB068078

+1(215) 962-7541

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1418-18 N 52ND ST