1247 S 53rd St, Philadelphia, PA 19143
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1247 S 53rd St,Philadelphia, PA 19143
$525,000
- 5 Beds
- - Baths
- 2,900 sq. ft.
- Multi-family
- Active
Listed by: eric d feinberg
Office: keller williams realty group
MLS#:PAPH2621000
Source:BRIGHTMLS
Price summary
- Price:$525,000
- Price per sq. ft.:$181.03
About this home
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!!...
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Home facts
- Year built:1917
- Listing ID #:PAPH2621000
- Added:8 day(s) ago
- Updated:May 24, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:5
- Flooring:Hardwood, Tile/Brick
- Kitchen Description:Built-In Microwave, Built-Ins, Dishwasher, Kitchen - Gourmet, Kitchen - Island, Oven/Range - Electric, Recessed Lighting, Refrigerator, Stainless Steel Appliances, Upgraded Countertops
- Basement:Yes
- Basement Description:Fully Finished
- Living area:2,900 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C, Ductless/Mini-Split
- Heating:Electric
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1917
- Building area:2,900 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Rear Yard
- Architectural Style:Traditional
- Exterior Features:Exterior Lighting, Patio(s), Sidewalks, Street Lights
- Foundation Description:Concrete Perimeter, Slab, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$181.03
- Tax amount:$2,167 (2026)
Features and amenities
- Amenities:Built-Ins, Ceiling Fan(s), Fire Detection System, Intercom, Main Entrance Lock, Recessed Lighting, Sprinkler System, Sprinkler System - Indoor
Parking
- Parking description:On Street
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