1246 S 53RD ST, Philadelphia, PA 19143

• 1,950 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

August 13, 2026 at 2:18AM

Listing Office:

Real of Pennsylvania : 8554500442

Listing Agent:

Francis Nguyen : 2679843361

MLS ID:

PAPH2653504

Interior

• General: Ceiling Fan(s)Combination Dining/LivingPrimary Bath(s)Recessed LightingWood FloorsOther
• Appliances: Oven/Range - ElectricOven/Range - GasRefrigeratorDishwasherDryer
• Basement: CombinationOther
• Flooring: HardwoodLuxury vinyl plank
• A/C: Ceiling Fan(s)Window Unit(s)
• Heating: 90% Forced AirRadiantElectricNatural Gas
• Disability Feature: Other

Exterior

• General: Street LightsSidewalksOtherAbove GradeBelow Grade
• Style: Traditional

Construction

• Roofing: ShingleOther
• General: MasonryBrickCombinationConcrete PerimeterSlabOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA3511231600

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: All tenant belongings