1418 N 52nd St, Philadelphia, PA 19131

$299,999
: 1,776
SqFt

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List Price: $299,999
Days on Market: 9
Status: ACTIVE
MLS#: PAPH2665464
Living Area: 1,776
Lot Size (Acres): 0.08
Style: Traditional
Year Built: 1915
County: Philadelphia
School District: Philadelphia City

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Property Description

Welcome to 1418 North 52nd Street in Philadelphia, 19121. 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.

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