$525,000

1247 S 53RD ST, Philadelphia, PA 19143

2,900 sqft

Triplex
Built in 1917
1,742sqft lot
—— car garage
$181/sqft
Listed 23 hours ago

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!!

Listing Status:: Active
Date Added:: May 19, 2026
Data Last Updated:: May 20, 2026 at 3:18AM
Listing Office:: Keller Williams Realty Group : 6107925900
Listing Agent:: Eric D Feinberg : 4849485872
MLS ID:: PAPH2621000

General: Recessed LightingBathroom - Stall ShowerUpgraded CountertopsCeiling Fan(s)Combination Kitchen/DiningFloor Plan - OpenKitchen - IslandBuilt-InsDining AreaEntry Level BedroomKitchen - GourmetPrimary Bath(s)Sprinkler SystemWood Floors
Appliances: Built-In MicrowaveDishwasherOven/Range - ElectricRefrigeratorWasherDryerIntercomStainless Steel Appliances
Basement: Fully finished
Flooring: Tile brickHardwood
A/C: Ductless/Mini-SplitCeiling Fan(s)Central A/C
Heating: OtherElectric
Disability Feature: None

General: Exterior LightingSidewalksStreet LightsAbove Grade
Style: Traditional
Other Structures: Patio

Roofing: ShingleRubber
General: MixedStoneConcrete PerimeterSlab

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

Zoning: RSA-3511224800
View: Street

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN
Exclusions: All tenant belongings.

This listing courtesy of Eric D Feinberg , Keller Williams Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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