606 S 52nd Street, Philadelphia, PA 19143 - Photo 1

1/1

$270,000

Sold
Closed
Apartment

1/1

Property Description

Newly renovated, 2-unit commercial mixed use building that consists of a first floor commercial space and a second floor residential apartment. This is an excellent opportunity to own a newly renovated, income producing commercial mixed-use building along a major retail corridor in West Philadelphia. The entire building was completely renovated in 2021, including new joists, HVAC, roof, etc. The CMX-2 zoning allows for a litany of commercial uses. Well-positioned within a dense retail corridor, along with multiple new developments in the immediate area, this is an excellent investment in an area that is primed for inflows of new business. Currently 100% occupied and produces $2,717 monthly. The first floor commercial space is leased to The City of Philadelphia for $1,667 / monthly. The second floor residential apartment is leased for $1,050 / monthly.

Full Property Details

Full Property Details for 606 S 52nd St

General

Sold For: $270,000
Taxes: $2,077 (2023)
Status: Closed
Type: Apartment
Source: BrightMLSPhilly
MLS ID: PAPH2121186
Added to Site: 1, 333 day(s) ago

Business

Business Type: Apartment Building, Professional

Interior

Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

Restrooms: 2

Parking

Parking Type: On Street

Location

Area: 19143 (19143)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Cobbs Creek
Subdivision: Cobbs Creek
Driving Directions: Southbound on 52nd Street

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Central
Heating Fuel: Electric
Water Heater: Multi-tank

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Stories/Levels: 2
Year Built: 1925
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

# Tenants: Multiple
Other Units: Unit 1, Unit 2

Unit 1

Unit Description: Unit 1

Unit 2

Unit Description: Unit 2

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,673
Lot Size Source: Assessor
Lot Dimensions: 16.00 x 120.00
Zoning: CMX2

Financial Considerations

Price Per Sq. Ft.: $160.85
Assessment Year: 2023
School Tax: $1,139
City/TownTax: $937
City/TownTax Freq: Annually
Tax w/Assessment: $148,400
Tax Amount: $2,077
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Permits: On Hand
Investment: Yes
Lot Number: 34

Listed by Real Estate Management Advisors LLC, Justin DeMicco
Sold by Keller Williams Philadelphia, Anna DePalma

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Listing agent

— 606 S 52nd St —

Justin DeMicco

Real Estate Management Advisors LLC

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Schools

Schools serving 606 S 52nd St

School District:Philadelphia City School District

Name	Grades	Distance
Harrington Avery D School 5300-34 Baltimore Ave, Philadelphia, PA 19143	K-8	0.2 mi
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 606 S 52nd St

Date

Details

Price

Change

Source

5/18/2023

Sold

$270,000

-8.47%

MLS

3/19/2023

Price Increased

$295,000

19.43%

MLS

12/28/2022

Price Reduced

$247,000

-10.18%

MLS

10/12/2022

Price Reduced

$275,000

-7.41%

MLS

5/26/2022

Listed

$297,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Baths
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Sq. Ft.

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606 S 52nd Street, Philadelphia, PA 19143 (MLS# PAPH2121186) is a Apartment property that was sold at $270,000 on May 18, 2023. Want to learn more about 606 S 52nd Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

606 S 52nd St Philadelphia, PA 19143