USAPAPhiladelphia329 S 52Nd St
329 S 52 Nd St, Home with 0 bedrooms, 0 bathrooms and null parking in Philadelphia PA | Image 1
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$230,000

329 S 52 Nd St, Philadelphia, PA

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1116 sqft
Garage No
Maintenance Fees 
Taxes $1,198
Days Active 0
Approx. Age 1925
Avg. Price Per Sqft $206
MLS® Number PAPH2519284

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

– Available Individually or as a Portfolio – INTRODUCING: The West Philly Park Portfolio — a rare opportunity to acquire up to thirty-nine (39) total units offering an in-place 9.5% stabilized cap rate, located just outside of University City — one of the most dynamic growth corridors in the United States. Situated within a Top-10 MSA for both population and life sciences, this portfolio lies in the heart of Philadelphia’s renowned “Eds & Meds” economy, surrounded by billions of dollars in active development. Nearby anchors include Schuylkill Yards, the Science Center, CHOP, HUP, and Amtrak’s 30th Street Station. The portfolio spans ten (10) properties totaling approximately ±35, 000 square feet, concentrated within a walkable five-block stretch along the high-traffic 52nd Street corridor, between Market Street and Larchwood Avenue. Each building features a mix of ground-floor commercial units with residential apartments above, many of which were comprehensively renovated in the early 2020s. Upgrades include LVP flooring, shaker cabinetry, granite countertops, in-unit washer/dryers, modern fire and sprinkler systems, central air, and contemporary finishes throughout. The offering includes multiple park-front, corner, and contiguous parcels, with strong tenant demand driven by proximity to the University of Pennsylvania, Drexel University, and leading healthcare and innovation institutions. This is a rare chance to acquire turnkey assets in one of Philadelphia’s most promising submarkets. Detailed financials available upon request.Show Description
MLS® NumberPAPH2519284
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther, Natural Gas
A/COther, Other Fuel
Heating Fuel

Extras

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