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$520,000
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Property Description
COMPLETELY RENOVATED in 2019, 1247 S 53rd St is a 3 Residential Unit, TRIPLEX investment opportunity generating significant cash flow complete with Tax Abatement through 12/31/30. Inquire for Marketing Packet!! ALSO - this property presents an INCREDIBLE opportunity for an owner-occupant looking to live in a beautifully renovated unit while offsetting expenses with substantial rental income from the additional apartments. The flexible layout and ideal unit mix make this a rare opportunity for both investors and savvy buyers looking to build long-term wealth through real estate ownership. The property is located in one of the MOST DESIRABLE sections of the city, the Kingsessing neighborhood! This location is FANTASTIC. The property is surrounded by numerous amazing universities (University of Penn and Drexel University) and major hospitals (CHOP and Penn Hospital). It is also located within a short walk to great public transportation including Trolley Lines 13 and 34, and you are just steps from THE BEST Commercial Corridor in the city, Baltimore Avenue. This will be an incredible investment opportunity for years to come. The property is complete with an ideal unit mix. Unit 1 is a bi-level unit with 2 Bedrooms and 2 Full Bathrooms and additional den/office spaces, Unit 2 is 2 Bedrooms and 1 Full Bathroom, and Unit 3 is 1 Bedroom and 1 Bathroom. The price, size, and condition of the property attract very good tenants of all different types. There are so many options with this property! This is a perfect purchase for an investor seeking great cash flow and long-term upside, or an owner-occupant wanting to significantly reduce their monthly housing expenses while owning a fully renovated, tax-abated building in a prime Philadelphia location. Contact us so we can walk you through the numbers! Do not wait long, this WILL NOT LAST!!
Full Property Details
Full Property Details for 1247 S 53rd St
General
- Sold For: $520,000
- Taxes: $2,167 (2026)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2621000
- Added to Site: 53 day(s) ago
Interior
- Interior Features: Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Island, Built-Ins, Dining Area, Entry Level Bedroom, Kitchen - Gourmet, Primary Bath(s), Sprinkler System, Wood Floors
- Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer, Intercom, Stainless Steel Appliances
- Flooring: Tile/Brick, Hardwood
Additional Information
- Security/Safety: Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor
Exterior
- Exterior Features: Exterior Lighting, Sidewalks, Street Lights
- Porch/Patio/Deck: Patio(s)
Parking
- Parking Type: On Street
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: Springfield Avenue
- Driving Directions: The property is located on 53rd Street between Springfield and Warrington Avenue.
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Ductless/Mini-Split, Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Mixed
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Stone, Concrete Perimeter, Slab
- Roof: Shingle, Rubber
- Walls/Ceilings: Dry Wall, High
- Stories/Levels: 4
- Square Feet: 2,900
- Sq. Ft. Source: Estimated
- Living Area: 2,900 Sq. Ft.
- Finished Above Grnd: 2,900 Sq. Ft.
- Year Built: 1917
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Property View: Street
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,941
- Lot Size Source: Estimated
- Lot Dimensions: 19.00 x 100.00
- Zoning: RSA-3
- Lot Description: Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $181.03
- Tax w/Assessment: $154,839
- Tax Amount: $2,167
- Tax Year: 2026
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenant belongings.
Listed by Keller Williams Realty Group, Eric D Feinberg
Sold by Compass Pennsylvania, LLC, Deidre G Hill
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Schools
Schools serving 1247 S 53rd St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Harrington Avery D School 5300-34 Baltimore Ave, Philadelphia, PA 19143 | K-8 | 0.5 mi |
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1247 S 53rd St
Date
Details
Price
Change
Source
7/02/2026
Sold
$520,000
-0.95%
MLS
5/19/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1247 S 53rd Street, Philadelphia, PA 19143 (MLS# PAPH2621000) is a Single Family property that was sold at $520,000 on July 02, 2026. Want to learn more about 1247 S 53rd Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

