About 316 S 52nd St
***RECENT NEW CONSTRUCTION 6 UNIT BUILDING WITH TAX ABATEMENT**Built in 2023, this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located on the corner of S 52nd and Delancey Streets the location is prime. The building consists of 1 first floor commercial space and 5 residential units. There are 2 private parking spaces accessible in the rear from the Delancey side. UNIT 1: Commercial space with private bath/separate entrance rented for $1,000. UNIT 2: 1 bed/1 bath rented for $1,150. UNIT 3: 1 bed/1 bath rented for $1,250. UNIT 4: 1 bed/1 bath rented for $1,330. UNIT 5: 1 bed/1 bath rented for $1,250. UNIT 6: 1 bed/1 bath rented for $1,200. Building is conveniently electric. Tax abatement began in 2023 and is good for 8 more years. The location can't be beat with its close proximity to Market Street, Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. Also available are 5416 Baltimore Avenue and 4811 Walnut Street.
Features of 316 S 52nd St
| MLS® # | PAPH2444862 |
|---|---|
| Price | $999,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,326 |
| Acres | 0.04 |
| Year Built | 2023 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 316 S 52nd St |
|---|---|
| Area | 19143 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19143 |
Amenities
| Parking | Private |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit |
|---|---|
| Cooling | Ductless/Mini-Split |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Brick and Siding, Vinyl Siding |
|---|
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | March 3rd, 2025 |
|---|---|
| Days on Market | 225 |
| Zoning | CMX2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KW Empower |
|---|