PHILADELPHIA, PA 19131
$299,999
Welcome to 1418 North 52nd Street. 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.
Questions on 1418 N 52ND ST, PHILADELPHIA, PA 19131, or want to see it in person?
Listed by Katherine Mejia, Legal Real Estate LLC