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Renovated Duplex with Heated Basement

1726 S 53RD Street Philadelphia, PA 19143

1726 S 53RD Street, Philadelphia, PA, 19143
$289,900
For Sale
$289,900

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,688 SF
Lot Size0.02 Acres
Price / SF$171.74
Days on Market104

Property Features for 1726 S 53RD Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Standard status
Active
Size
1,688 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
2115

Utilities

Heating system
Other (Heating)

Building Details

Year built
1920
Number of units
2
Architectural style
Other
Listing Agency Coldwell Banker Realty
686 DeKalb Pike unit: 102, Plymouth Meeting, PA
Listed by Luis N Reyes III · License #RS327438
Added: Apr 6 Checked: Jul 18 at 11:06 am
MLS# PAPH2603718 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This move-in-ready duplex has been fully renovated and is set up for flexible living or straightforward income. The property includes approximately 1,930 square feet of usable space, featuring a heated, semi-finished basement with a separate ground-level rear entrance. The first-floor unit offers 1 bedroom and 1 full bath and includes exclusive access to the heated basement space (approximately 530 additional square feet) that can function as a family room, home office, gym, recreation area, workshop, or storage. The second-floor unit provides 2 bedrooms, 1 full bath, and a private entrance. Updates include luxury vinyl flooring throughout both units, and new major appliances in each unit: refrigerators, dishwashers, washers, and dryers.

The duplex is currently licensed as a duplex and benefits from recent capital improvements. The electrical system has been fully addressed with new wiring, separate electric service, and dedicated breaker panels, along with all-electric systems for simplified maintenance. Exterior updates include new windows, new siding, and a new roof, with transferable warranties. Located in Philadelphia near parks, shopping, schools, and public transportation, the property is positioned for tenant and owner convenience.

With separate entrances and individual electric service for each unit, this is well-suited for an owner-occupant who wants to live in one unit while renting the other, or for an investor looking for a turnkey duplex that is ready for immediate occupancy. Schedule a showing to review the layout and finishes.

Key Highlights

  • Fully renovated duplex licensed as a duplex, with approximately 1,930 SF of usable space
  • Heated, semi‑finished basement with separate ground‑level rear entrance, plus exclusive basement access for the 1st‑floor unit
  • Unit mix: 1st‑floor unit offers 1 bed/1 full bath; 2nd‑floor unit offers 2 beds/1 full bath with a private entrance

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.2k $16.68
− Vacancy −$2.0k −$1.20
EGI $26.1k $15.48
− OpEx −$7.8k −$4.64
NOI $18.3k $10.83
1,688 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$261.2K
$228.6K – $304.8K (±1% cap)
NOI $18,286 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$232.4K
$203.3K – $271.1K (±1% cap)
NOI $16,265 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$578.6K
$506.2K – $675.0K (±1% cap)
NOI $40,499 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Accounting Firm Computer & Electronic Repair Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey duplex with separate services, updated interiors, and a heated bonus basement via rear entrance.
Where is this duplex located?
The property is located at 1726 S 53RD Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Fully renovated duplex licensed as a duplex, with approximately 1,930 SF of usable space; Heated, semi‑finished basement with separate ground‑level rear entrance, plus exclusive basement access for the 1st‑floor unit; Unit mix: 1st‑floor unit offers 1 bed/1 full bath; 2nd‑floor unit offers 2 beds/1 full bath with a private entrance
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