About 1246 S 53rd St
1246 S 53rd St is a 3 residential unit triplex, offering an investor or owner-occupant a rare mix of immediate cash flow with a value-add opportunity. This lovely three-story brick semi-detached twin situated in a highly desirable pocket of Kingsessing, sits just minutes from UPenn, Drexel Hill, Cobbs Creek Parkway, SEPTA's Market-Frankford Line and local eateries. The building consists of two 2-bedroom/1bath units and one 1-bedroom/1bath unit, with 2 out of 3 units currently occupied on a long term lease generating annual gross income of $28,900+, leaving the vacant unit open to execute a value-add strategy, or live in one unit while collecting rental income from the others. The price, size, and condition of the property make this attractive for tenants looking for a centralized location fostering strong rental demand. This is a perfect opportunity for an investor seeking great cash flow and long-term upside in an appreciating neighborhood, or an owner-occupant wanting to significantly reduce their monthly housing expenses. Don't miss the chance to secure a multi-unit property with significant growth potential in a rapidly developing pocket of the city!
Features of 1246 S 53rd St
| MLS® # | PAPH2653504 |
|---|---|
| Price | $415,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,950 |
| Acres | 0.04 |
| Year Built | 1917 |
| Type | Multi-Family |
| Sub-Type | Triplex,Twin/Semi-Detached |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1246 S 53rd St |
|---|---|
| Area | 19143 |
| Subdivision | KINGSESSING |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19143 |
Amenities
| Amenities | Ceiling Fan(s), Primary Bath(s), Recessed Lighting, Wood Floors |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Dishwasher, Dryer |
|---|---|
| Heating | 90% Forced Air, Radiant |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Has Basement | Yes |
| Basement | Combination, Other |
| Fireplace | No |
Exterior
| Exterior | Masonry, Brick, Combination |
|---|---|
| Exterior Features | Street Lights,Sidewalks,Other |
| Roof | Shingle, Other |
| Construction | Masonry, Brick, Combination |
| Foundation | Concrete Perimeter, Slab, Other |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 30 |
| Zoning | RSA3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real of Pennsylvania |
|---|