1150 S 52Nd St, Philadelphia, PA 19143

Description

Live in one unit and let your tenants help pay the mortgage at 1150 S 52nd St!!! This beauty is a fully renovated triplex in booming West Philadelphia that offers a powerful opportunity for today’s buyer looking to stay financially smart in the current economy. Whether you are a first-time homebuyer looking to reduce your monthly expenses or a savvy investor seeking a strong addition to your portfolio, this property is positioned to deliver both flexibility and income potential. Renovated top to bottom in 2022, each unit features modern finishes including luxury vinyl plank flooring, quartz countertops, white shaker cabinetry, matte black fixtures, and in-unit washers and dryers. The first-floor unit is completely vacant, making it perfect for an owner-occupant ready to move in immediately while collecting rent from the other units to help cover the majority of the mortgage and operating costs. The second-floor unit is currently on a month-to-month lease, providing flexibility for future rental adjustments, while the remaining unit is occupied by reliable tenants offering immediate income stability. The building also features security cameras, a full sprinkler system, and a fenced rear yard for additional comfort and security. The seller is offering attractive buyer incentives including Home Inspection Reimbursement, Appraisal Reimbursement, and a Seller-Funded Rate Buydown, making ownership even more attainable. Located near the 52nd Street Station, multiple public transit lines, I-76, and surrounded by ongoing development and neighborhood investment, this turnkey triplex sits in the center of a rapidly growing corridor and presents a rare opportunity to live affordably while building long-term wealth through real estate.