1335 S 52ND Street

Description

Welcome to 1335 S 52nd Street, a beautifully renovated duplex with tax abatement featuring two fully-occupied, cash-flowing units, perfect for investors or owner-occupants. Located just minutes from University City, the Baltimore Avenue retail corridor, and a quick commute to Center City, this property offers a prime location for renters.Unit 1 - rented for $1640/mo + $70 water fee - is a spacious bi-level, 3-Bed 2-Bath unit with hardwood floors throughout, central AC, and a modern kitchen with a marble tile backsplash, white quartz countertops, and Frigidaire Gallery stainless steel appliances (fridge, range/oven, microwave, dishwasher). Two bright, generously-sized bedrooms are on the first floor, while the walk-out lower level features a media room/living area, the third bedroom, a full bathroom, laundry closet with full-sized washer and dryer, and extra storage. Unit 2 - rented for $1455/mo + $60 water fee - is a 2-Bed, 2-Bath unit with hardwood floors, central AC, and a kitchen featuring marble tile backsplash, quartz countertops, and Frigidaire Gallery appliances. The open-concept living area leads to a private balcony, perfect for relaxation. Each bedroom has ample closet space, natural light, and its own en-suite bathroom. Both units are currently leased through June 2025, and generating $3,095/mo gross rent combined.With easy access to University City, the vibrant Baltimore Avenue corridor, and Center City, this property is ideally located near Philadelphias top neighborhoods and job centers. This is a great opportunity to own a well-maintained duplex - with several years remaining on the property tax abatement - in a rapidly growing area. Broker of record has financial interest. Schedule your showing today!