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.
| MLS # | PAPH2655082 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1925 |
| Days On Site | 77 |
| Listing Provided By | Century 21 Advantage Gold-Southampton | Connery Koski |
| SQ Feet | 1,775 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RM1 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Stone |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2341 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| High School | OVERBROOK |
| Listing VS Median (in 19131) | |
Price: $464,900 low | high Med: $175,000 sqft: 1,775 low | high Med: 1,068 $ / sqft: $262 low | high Med: $164 On site: 77 low | high Med: 64 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| High School | OVERBROOK |
| Listing VS Median (in 19131) | |
Price: $464,900 low | high Med: $175,000 sqft: 1,775 low | high Med: 1,068 $ / sqft: $262 low | high Med: $164 On site: 77 low | high Med: 64 | |