Traditional
1493 N 53RD STREET
PHILADELPHIA, PA 19131
MLS#: PAPH2655082
$475,000
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,775
Turnkey, fully renovated triplex offering modern finishes and approximately $53,000 in projected annual gross income. The property features a desirable unit mix consisting of a one-bedroom apartment on the first floor and two-bedroom apartments on both the second and third floors. Each unit has been thoughtfully updated with bright, open interiors, recessed lighting, durable plank flooring and contemporary kitchens featuring shaker-style cabinetry, quartz countertops, stainless-steel appliances and sleek black accents. The renovated bathrooms include large-format tile surrounds, built-in shower niches, modern vanities and matte-black fixtures. The building is fully electric, with separate meters and individual central-air systems for each apartment, helping simplify utility management and ongoing ownership. With updated finishes, modern mechanical systems and three move-in-ready units, 1493 N 53rd Street presents an excellent opportunity for an investor seeking a low-maintenance, income-producing property with strong projected revenue. Buyer to independently verify all projected income, expenses and utility information.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
1775.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
1,055
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$475,000
-
Tax Amount
$2,341
-
Financing Options
Cash, Conventional, FHA
-
Sq. Footage
1,775
-
Price/SqFt
$267
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
OVERBROOK
Property Features
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
66
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
OVERBROOK
Listing Courtesy of Connery Koski , Century 21 Advantage Gold-Southampton
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Theresa Kehler
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