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1242 S 51ST Street

PHILADELPHIA, PA 19143
  • $490,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: PAPH2162522
UPDATED: 45 min ago
$490,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,850
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Information

Middle School:
High School:

Description

PRICE JUST REDUCED AMAZING OPPORTUNITY IN KINGSESSING PARK! There are many original details still standing strong in this West Philadelphia Victorian building such as molding and trim. Bay facades and dormers were completely rebuilt in 2018. All new windows and siding were also replaced in 2018. In 2022, the roof was completely rebuilt (and subfloor replaced), bay windows and porch roofs resealed, external masonry repaired, the electrical service upgraded and the first 2 floors were completely renovated. Additionally, a Ring video surveillance system and Google Nest thermostat were installed allowing the future owner to manage the property completely remotely!The first floor is rented for $1,050/mo and consists of a 1 bed/1 bath apartment completely renovated: brand new kitchen, granite countertop, stainless appliances (including dishwasher!), new floors and a retiled bathroom. This unit has direct access to the yard.The second floor is vacant and currently offered for rent for $1,350/mo. This unit has also been completely renovated featuring new floors, bathroom and stainless steel appliances (refrigerator and oven/stove combo). It is a 2 bed/1 bath. The third floor is a 2 bed/1 bath renovated in 2021 and currently under lease for $1,295/mo. It features an unfinished attic ready to be transformed into an outstanding bedroom overlooking the park. The property features a full tall basement. Also ready to become a laundry room or an additional storage room for the tenants. Electric is individual metered per unit as well as gas. Location can+GGt be beat. Overlooking Kingsessing Park, you+GGll have access to a well-maintained and thoughtful public outdoor space. Right across the street you+GGll find open green space, two tennis courts and four basketball courts. This building is conveniently located close to Clark Park, University City, University of Pennsylvania, CHOP and the University of the Sciences. Accessibility to local light rail is on the block!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-31T07:51:06.887.
www.mynjhomesearch.net/homes/133334335
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1242 S 51ST Street PHILADELPHIA, PA 19143

  • Price: $490,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 45 min ago
  • MLS #: PAPH2162522
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,850
SQFT
$172
$/SQFT
1915
Built
Neighborhood:
19143 (19143)
County:
Philadelphia
Area:
19143 (19143)
Middle School:
Shaw
High School:
West Philadelphia
School District:
The School District Of Philadelphia
Property Description
PRICE JUST REDUCED AMAZING OPPORTUNITY IN KINGSESSING PARK! There are many original details still standing strong in this West Philadelphia Victorian building such as molding and trim. Bay facades and dormers were completely rebuilt in 2018. All new windows and siding were also replaced in 2018. In 2022, the roof was completely rebuilt (and subfloor replaced), bay windows and porch roofs resealed, external masonry repaired, the electrical service upgraded and the first 2 floors were completely renovated. Additionally, a Ring video surveillance system and Google Nest thermostat were installed allowing the future owner to manage the property completely remotely!The first floor is rented for $1,050/mo and consists of a 1 bed/1 bath apartment completely renovated: brand new kitchen, granite countertop, stainless appliances (including dishwasher!), new floors and a retiled bathroom. This unit has direct access to the yard.The second floor is vacant and currently offered for rent for $1,350/mo. This unit has also been completely renovated featuring new floors, bathroom and stainless steel appliances (refrigerator and oven/stove combo). It is a 2 bed/1 bath. The third floor is a 2 bed/1 bath renovated in 2021 and currently under lease for $1,295/mo. It features an unfinished attic ready to be transformed into an outstanding bedroom overlooking the park. The property features a full tall basement. Also ready to become a laundry room or an additional storage room for the tenants. Electric is individual metered per unit as well as gas. Location can+GGt be beat. Overlooking Kingsessing Park, you+GGll have access to a well-maintained and thoughtful public outdoor space. Right across the street you+GGll find open green space, two tennis courts and four basketball courts. This building is conveniently located close to Clark Park, University City, University of Pennsylvania, CHOP and the University of the Sciences. Accessibility to local light rail is on the block!
Exterior Features

Architectural Style Victorian Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2850 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenant's Personal Property Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Other Gross Income 28140.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 2242.00 Maintenance Expense 519.00 Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 3 Number Of Units Vacant 1 Original MLSNumber 801900583984 Owner Pays Common Area MaintenanceInsurancePest ControlSewerTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 5477.00 Tax Assessment Amount 391300.00 Tax Lot 143 Total Actual Rent 28140.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Compass Re: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kiliszek Real Estate Experts | Keller Williams Midtown Direct. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-31T07:51:06.887.
 
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