Welcome to 644 N. 52nd Street, a fully rented 4-unit property in Philadelphia offering a strong opportunity for an investor looking to add a cash-flowing asset to their portfolio. This converted townhouse features four separate units with a total monthly rent of $4,195, providing immediate income from day one. The property includes a basement-level 1-bedroom, 1-bathroom unit with a private entrance, a first-floor rear 1-bedroom, 1-bathroom unit, a first-floor front studio unit with 1 bathroom, and a second-level 2-bedroom, 1-bathroom unit. Each unit offers a functional layout, and the property has been fully renovated with updated flooring, modern kitchens and modern bathrooms, creating a cleaner, updated living experience for tenants. With all units currently rented with signed leases and established tenants, 644 N. 52nd Street is well positioned as a turnkey investment opportunity. Whether you are looking to expand an existing rental portfolio or acquire a multi-unit property with income already in place, this property is worth a closer look.
| MLS # | PAPH2663972 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 54 |
| Listing Provided By | RE/MAX Main Line - West Chester | Thomas Toole III |
| SQ Feet | 1,846 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | CMX2 |
| Acreage | 0.03 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3824 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19131) | |
Price: $320,000 low | high Med: $175,000 sqft: 1,846 low | high Med: 1,212 $ / sqft: $173 low | high Med: $145 On site: 54 low | high Med: 122 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19131) | |
Price: $320,000 low | high Med: $175,000 sqft: 1,846 low | high Med: 1,212 $ / sqft: $173 low | high Med: $145 On site: 54 low | high Med: 122 | |