1246 S 53rd St, Philadelphia, PA 19143
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1246 S 53rd St,Philadelphia, PA 19143
$404,500
- 5 Beds
- - Baths
- 1,950 sq. ft.
- Multi-family
- Active
Listed by: francis nguyen, ricky voong
Office: real of pennsylvania
MLS#:PAPH2653504
Source:BRIGHTMLS
Price summary
- Price:$404,500
- Price per sq. ft.:$207.44
About this home
Price Improvement! 1246 S 53rd St is a 3 residential unit triplex, offering an investor or owner-occupant a rare mix of immediate cash flow with a value-add opportunity. This lovely three-story brick semi-detached twin situated in a highly desirable pocket of Kingsessing, sits just minutes from UPenn, Drexel Hill, Cobbs Creek Parkway, SEPTA's Market-Frankford Line and local eateries. The building consists of two 2-bedroom/1bath units and one 1-bedroom/1bath unit, with 2 out of 3 units currently occupied on a long term lease generating annual gross income of $28,900+, leaving the vacant unit open to execute a value-add strategy, or live in one unit while collecting rental income from the others. The price, size, and condition of the property make this attractive for tenants looking for a centralized location fostering strong rental demand. This is a perfect opportunity for an investor seeking great cash flow and long-term upside in an appreciating neighborhood, or an owner-occupant wanting to significantly reduce their monthly housing expenses. Don't miss the chance to secure a multi-unit property with significant growth potential in a rapidly developing pocket of the city!...
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Home facts
- Year built:1917
- Subdivision & Development:KINGSESSING
- Listing ID #:PAPH2653504
- Added:56 day(s) ago
- Updated:October 07, 2026 at 01:59 PM
Rooms and interior
- Bedrooms:5
- Rooms Total:5
- Flooring:Hardwood, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Oven/Range - Electric, Oven/Range - Gas, Recessed Lighting, Refrigerator
- Basement:Yes
- Basement Description:Combination
- Living area:1,950 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
- Heating:90% Forced Air, Electric, Natural Gas, Radiant
Structure and exterior
- Roof:Shingle
- Year built:1917
- Building area:1,950 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Brick, Combination, Masonry
- Exterior Features:Sidewalks, Street Lights
- Foundation Description:Concrete Perimeter, Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$404,500
- Price per sq. ft.:$207.44
- Tax amount:$4,498 (2026)
Features and amenities
- Amenities:Ceiling Fan(s), Recessed Lighting, Smoke Detector
Parking
- Parking description:On Street
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