1493 N 53rd St, Philadelphia, PA 19131

$475,000
: 1,775
SqFt

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List Price: $475,000
Days on Market: 0
Status: ACTIVE
MLS#: PAPH2655082
Living Area: 1,775
Lot Size (Acres): 0.02
Style: Traditional
Year Built: 1925
County: Philadelphia
School District: Philadelphia City

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Property Description

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.

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