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Photo of 319 S 52nd Street, Philadelphia PA
319 S 52nd Street
Philadelphia, PA 19143
# of Units
3
2 Bdrm Units
2
Acres
0.04
Interior SqFt
2,480
Age
100
Heating
N/A
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
2,665
Additional Details Below

Description

– Available Individually or as a Portfolio ?? 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

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Listing Details

Summary
Architectural Type

Unit/Flat

Exterior Features
Exterior Features

Masonry

Utilities
Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx2
Lattitude : 39.953880
Longitude : -75.225915
MLS# : PAPH2520314
Views : 16
Listing Courtesy: Ryan McManus of Keller Williams Liberty Place

Notes

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Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

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