Updated Triplex With Laundry
For Sale
$199,000
1414 S 52ND STREET, Philadelphia, PA 19143
Three refreshed apartments offer one- and two-bedroom layouts with laundry hookups.
Property Size1,652 SF
Days on Market202
Property Features for 1414 S 52ND STREET
General Information
Standard status
Active
Size
1,652 SF
Property subtype
Triplex
Units
Unit Mix
2 x 1BR, 1 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,268
Amenities
laundry hookups
Building Details
Building Size
1,652 SF
Year Built
1945
Buildings
1
Listing Agency:
TCS Management, LLC
Listed By:
Moshe Adika · License #AB069795
(267) 210-3080
Source:
Patmckennarealtors
Added: Mar 23
Changed: Oct 8
Last Checked: Oct 10 at 12:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCS Management, LLC
Investment Insights
Based on property information with market context.
This triplex, built in 1945, contains three residential apartments: two one-bedroom units and one two-bedroom unit. The property has undergone rehabilitation, with updates incorporated throughout the units. Laundry hookups are included in each apartment, providing a practical feature for residential occupants.
The property is located on S 52nd Street in Philadelphia’s Southwest neighborhood, near Baltimore Avenue. Its unit mix combines two one-bedroom residences with a larger two-bedroom apartment, creating a straightforward multifamily configuration.
The property is located on S 52nd Street in Philadelphia’s Southwest neighborhood, near Baltimore Avenue. Its unit mix combines two one-bedroom residences with a larger two-bedroom apartment, creating a straightforward multifamily configuration.
Key Highlights
- Three‑unit triplex with two one‑bedroom apartments and one two‑bedroom apartment
- Rehabilitated property with recent unit updates
- Laundry hookups in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,896
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,920
$357.9K
Cap Rate 7%
$255,657
$255.7K
Cap Rate 9%
$198,844
$198.8K
Market Conditions
NOI Build-Up for 1,652 SF
Gross rent
$27.6K $16.68/SF
− Vacancy
−$2.0K −$1.20/SF
EGI
$25.6K $15.48/SF
− OpEx
−$7.7K −$4.64/SF
NOI
$17.9K $10.83/SF
Area
ZIP 19143
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,920
Cap Rate 7%
$255,657
Cap Rate 9%
$198,844
Alternative Uses
Best Use
Multifamily LT 5
$255.7K
$223.7K – $298.3K
NOI $17,896 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$227.4K
$199.0K – $265.3K
NOI $15,918 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$566.2K
$495.4K – $660.6K
NOI $39,635 @ 7.0% cap · market cap 19.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three refreshed apartments offer one- and two-bedroom layouts with laundry hookups.
Where is this triplex located?
The property is located at 1414 S 52ND STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three‑unit triplex with two one‑bedroom apartments and one two‑bedroom apartment; Rehabilitated property with recent unit updates; Laundry hookups in each apartment
