446 52nd St Philadelphia, PA 19143-1534

This exceptional mixed-use property located at 446-48 S 52nd St, Philadelphia, PA 19143, presents a compelling investment opportunity. The 6,578 square foot building, constructed in 1925 and situated on a 3,425 square foot lot, boasts a desirable CMX-2 zoning designation. The three-story structure houses five units: one commercial space and four residential units (two 2-bedroom/1-bathroom and two 3-bedroom/1-bathroom apartments). Recently renovated, the property features updated kitchens, bathrooms, flooring, and building systems. All units are currently occupied at 100% occupancy, generating a strong net operating income (NOI) of $93,267, resulting in an attractive 9.50% capitalization rate. The asking price is $975,000, translating to $148.22 per square foot and $195,000 per unit. This stabilized investment, operating under a NNN lease structure, offers a compelling return for investors seeking a multi-tenant property in a vibrant Philadelphia location. The property's strong performance and recent renovations make it an ideal addition to any portfolio. The sale is offered as a For Sale By Owner transaction.