268 S 52ND ST, Philadelphia, PA 19139
Listed by Ryan McManus • Keller Williams Liberty Place
$440,000
Est. payment /mo
Save
3,360 SqFt
Pending

268 S 52ND ST Philadelphia, PA 19139

Save
Additional details
Alexandra DiFilippo

Alexandra DiFilippo

+1(856) 298-9699

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $130

MLS Listing ID PAPH2519038

Style Unit/Flat

Abv Grd Liv Area 3,360

Year Built 1925

Annual Tax Amount $3,797

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 16.00 x 90.00

Property Sub-Type Other

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 3360

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871253650

Ownership Fee Simple

SqFt Source 3360

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby School & Business

Get More Information

Alexandra DiFilippo

Alexandra DiFilippo

Agent | License ID: 1646832

+1(856) 298-9699

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Quick Search
There are 73 quick searches