107 North 53rd Street

Philadelphia, PA 19139

$6,000,000
Price
Beds
1,560 Sq. Ft.
$3,846 / Sq. Ft.
1,560
Sq. Ft.
$3,846
per Sq. Ft.

Description

Rare opportunity to purchase a large, established rental portfolio of 48 single family and 3 duplex properties. All units currently rented, with low operating expenses, some located within Qualifying Opportunity Zones.

Property Details for 107 North 53rd Street

Expected On Market Date
09-10-2020
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Other
Structure Type
Other

Property Details for 107 North 53rd Street

StatusActive
MLS #PAPH927220
Days on Market129
Taxes$470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,596 SF
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Eli Qarkaxhia

    Listing Agent

    Compass

    eli.q@compass.com

    P: 215.287.4299

Building Information for 107 North 53rd Street

Stories-Residences1Year Built1925Building Size-Lot Size0.04 AC / 1,596 SF

Payment Calculator

$20,147 per month

30 year fixed, 2.95% Interest

Principal and Interest

$20,108

Property Taxes

$39

HOA Dues

$0

Property Information for 107 North 53rd Street

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Location Info
  • MLS Area: 19139 (19139)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $470
  • Tax Year: 2020
  • School Tax: $258
  • County Tax: $0
  • City Town Tax: $212
  • Clean Green Assessed: No
  • Zoning: RSA3
  • Tax Lot: 21
  • Tax ID Number: 441163700
    Assessment Info
  • Tax Assessed Value: $33,600
  • Year Assessed: 2020
  • Improvement Assessed Value: $28,056
  • Land Assessed Value: $5,544
Financial Info
    Utilities
  • Cooling Fuel: None
  • Heating Fuel: Other
  • Hot Water: Other
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $658,800
  • Net Operating Income: $457,157
  • Annual Rental Income: $658,800
  • Cap Rate: 7.60
Building Info
    SQFT
  • Above Grade Finished SQFT: 1560
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 1560
  • Tax Total Finished SQFT: 1560
    Structure
  • Building Units Total: 1
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Masonry
  • New Construction: No
    Unit Info
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: H30
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 21.00 x 76.00
  • Lot Size Source: Assessor
  • Lot SQFT: 1596
  • Lot Size Acres: .04
  • Navigable Water: No
  • Age: 1925
Parking
    Parking
  • Garage: No
  • Type Of Parking: On Street
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Other
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 107 N 53rd St

DateEvent & SourcePriceAppreciation
Sep 10, 2020

Listed (Active)

BRIGHT #PAPH927262

$6,000,000
Sep 10, 2020

Listed (Active)

BRIGHT #PAPH927220

$6,000,000
May 24, 2016

Closed (Public Record)

Public Record #573510413

$27,900
DateEvent & SourcePrice
09/10/2020

Listed (Active)

BRIGHT #PAPH927262

$6,000,000
09/10/2020

Listed (Active)

BRIGHT #PAPH927220

$6,000,000
05/24/2016

Closed (Public Record)

Public Record #573510413

$27,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 107 North 53rd Street

Taxable ValueLand$5,544Additions$28,056Total$33,600
Tax Record2020$470 ($39 / month)
Home Facts
Beds4Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories2Lot Size1,596 SqFtStyleSingle Family ResidenceYear Built1925ZoningRSA3CountyPHILADELPHIAAPN441163700

Schools near 107 North 53rd Street


SchoolTypeGradesDistanceRating
Direct Connection Institute FoPrivatePK-80.2 mi
NR
Westmeade AcademyPrivate9-120.4 mi
NR
The Mill Creek SchoolPrivate0.4 mi
NR
Universal Daroff Charter SchoolCharterK-80.4 mi
1

Direct Connection Institute Fo

PK-8, 0.2 mi, Private

NR

Westmeade Academy

9-12, 0.4 mi, Private

NR

The Mill Creek School

0.4 mi, Private

NR

Universal Daroff Charter School

K-8, 0.4 mi, Charter

1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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107 North 53rd Street is a multi-family home for sale in Philadelphia, PA 19139. This property was listed for sale on September 10, 2020 by Compass at $6,000,000. It has been on the market for a total of 129 days and was last sold on May 24, 2016. This listing's school district is Philadelphia City School District. Nearby schools include Kids World Christian Ed Center, The Workshop School and Roosevelt Theodore Middle School. 107 North 53rd Street is a 0-bed, 0-bath, 1,560 sqft multi-family home built in 1925. This address can also be written as 107 N 53rd St.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

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