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Lee & Angela Goldstein

team@northgaterealty.com +1(202) 744-8060

Listed by Eric Feinberg • Keller Williams Realty Group

$ 525,000

Est. payment | -/mo

1,941 Sqft Lot

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$ 525,000

Est. payment | -/mo

Save

1,941 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID PAPH2620988

Year Built 1917

Available Date 2026-05-19

Annual Tax Amount $2,167

Tax Year 2026

Lot Size 1,941 Sqft

Acres 0.04

Lot Dimensions 19.00 x 100.00

Property Sub-Type Other

Source BRIGHT

Property Description

COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! ALSO — this property presents an INCREDIBLE opportunity for an owner-occupant looking to live in a beautifully renovated unit while offsetting expenses with substantial rental income from the additional apartments. The flexible layout and ideal unit mix make this a rare opportunity for both investors and savvy buyers looking to build long-term wealth through real estate ownership. 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 (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 a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and 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 attract very good tenants of all different types. There are so many options with this property! This is a perfect purchase for an investor seeking great cash flow and long-term upside, or an owner-occupant wanting to significantly reduce their monthly housing expenses while owning a fully renovated, tax-abated building in a prime Philadelphia location. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA-3

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split, Ceiling Fan(s), Central A/C

Flooring Tile/Brick, Hardwood

Heat Source Electric

Exterior

Water Access N

View Street

Roof Type Shingle,Rubber

Accessibility None

Garage N

Building

Lot Description Rear Yard

Foundation Stone, Concrete Perimeter, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 511224800

Ownership Fee Simple

Security Features Fire Detection System,Main Entrance Lock,Sprinkler System - Indoor

Acceptable Financing Conventional, Cash, VA, FHA, Negotiable

Listing Terms Conventional, Cash, VA, FHA, Negotiable

Financing Conventional,Cash,VA,FHA,Negotiable

Special Listing Condition Standard

Nearby Locations

"At Northgate Realty, we’re your trusted resource for real estate in Bethesda and beyond—offering expert guidance, local insight, and personalized service every step of the way."

+1(202) 744-8060

team@northgaterealty.com

7920 Norfolk Avenue, Suite 330, Bethesda, 20814, USA

1247 S 53RD ST Philadelphia, PA 19143

Lee & Angela Goldstein

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1247 S 53RD ST