Move-In Ready Duplex with Heated
1726 S 53Rd Street, Philadelphia, PA 19143
Turnkey duplex with separate units, dedicated electric service, and a heated bonus basement with ground-level rear entry.
Type:Multi-Family
Property size:
1,688 SFPrice / SF:
$174/SF- Added:
- Apr 6, 2026
- Days on Market:
- 95
- Last Refresh:
- Jul 8 at 2:40 am
Property Features for 1726 S 53Rd Street
General Information
- Standard status
- Active
- Size
- 1,688 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1920
Listing office RE/MAX Select Group (609) 304-2314
Listing date Apr 6, 2026
Source Thetristaterealestategroup
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 RE/MAX Select Group
HighLights
- Fully renovated duplex (year built 1920) with usable space estimated at 1,930 SF
- Heated, partially finished full basement with separate ground‑level rear entrance (about 530 SF additional space)
- Unit mix: first‑floor 1 bed/1 bath with exclusive basement access; second‑floor 2 bed/1 bath with a private entrance
- Updates include new windows, new siding, and a new roof with transferable warranties
- All‑new electrical wiring plus separate electric service, dedicated breaker panels, and meters for each unit
- Includes refrigerators, dishwashers, washers, and dryers all in as‑is condition; water source is public; no pool
Overview
This fully renovated, move-in ready duplex is designed for easy owner-occupant living or immediate rental use. The first-floor unit features 1 bedroom and 1 full bath and includes exclusive access to a heated, semi-finished bonus basement. That basement level has a separate ground-level rear entrance and offers flexible space for a family room, home office, gym, recreation area, workshop, or additional storage. The second-floor unit offers 2 bedrooms and 1 full bath with its own private entrance. Updates include luxury vinyl flooring throughout both units and brand-new refrigerators, dishwashers, washers, and dryers. Each unit also has separate electric service with a dedicated breaker panel, and the property is served by all-electric systems for maintenance simplicity. Major improvements include all-new electrical wiring, separate electric panels and meters, new windows, new siding, and a new roof, with transferable warranties.
The property is currently licensed as a duplex and is located near parks, shopping, schools, and public transportation, supporting tenant convenience and everyday accessibility.
With two independently served units and a heated basement that can expand usable space for the lower level, this duplex fit well for buyers seeking a turnkey setup. It is also well suited for operators who want a straightforward configuration, clear separation between units, and recent mechanical and exterior upgrades already completed.
The property is currently licensed as a duplex and is located near parks, shopping, schools, and public transportation, supporting tenant convenience and everyday accessibility.
With two independently served units and a heated basement that can expand usable space for the lower level, this duplex fit well for buyers seeking a turnkey setup. It is also well suited for operators who want a straightforward configuration, clear separation between units, and recent mechanical and exterior upgrades already completed.
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
NOI $18,286 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$232.4K
$203.3K – $271.1K
NOI $16,265 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$578.6K
$506.2K – $675.0K
NOI $40,499 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2171181
- Latitude
- 39.9366528
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey duplex with separate units, dedicated electric service, and a heated bonus basement with ground-level rear entry.
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 $294,400.
What are key features of this property?
This property features: Fully renovated duplex (year built 1920) with usable space estimated at 1,930 SF; Heated, partially finished full basement with separate ground‑level rear entrance (about 530 SF additional space); Unit mix: first‑floor 1 bed/1 bath with exclusive basement access; second‑floor 2 bed/1 bath with a private entrance
