7 months on rocket

540 S 52nd St, Philadelphia, PA, 19143

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,438 SqFt
$237/SqFt
Multi
Schools Nearby

Location

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540 S 52nd St, Philadelphia$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year BuiltNew Const., 2023
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2281422
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 540 S 52nd St

FULL 10 Year Tax Abatement. Incredible Opportunity! Partially Occupied. Corner Quadplex with Commercial first floor on busy 52nd street corridor. (Condominium ready) Excellent for AIRBNB Rentals! (CMX2 Zoning) Almost 5000 sq ft. Seller Rate Buy-down offered. The first floor commercial space is a raw bi-level space and ready for a new business on this thriving commercial corridor. Above are 3 identical apartments. Each Apartment is a 2 Bedroom, 2 Bathroom unit with designer finishes and high-end stainless steel appliances. Quartz Countertops. Extremely well laid out with a bedroom on either side (one Ensuite) of the unit and the living/kitchen space in the center. Full of natural sunlight with Bay windows along the entire side of the building. One of the bedrooms has a private bathroom. All utilities are separate including water. All units are Electric. Each unit can be sold separately as condominiums or the entire building can be purchased as one 4-unit building. Incredible opportunity to sell off individual units in the future and maximize resale value. Excellent location close to the Park, Baltimore Avenue and the Market Frankford line. This is one of 8 New Construction buildings located in West Philadelphia near University City. 5005 Walnut street is a Triplex with Roof Deck. 5001 Walnut street Quadplex (SOLD) 5237 Chancellor DUPLEX (PENDING),5233 Chancellor St Duplex (SOLD) 5113,5122 & 5138 Ranstead. Duplexes with rear Balconies.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 2023
  • Living Area: 4,438 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Christopher K Somers

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Overbrook High School, Public District Grades 9-12
  • Universal Daroff Charter School, Public Charter Grades KG-8

Other

Directions Information:

  • Directions: From S Broad St, turn onto Walnut St. Then turn left onto S 52nd St and the property will be on your right.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $237/SqFt

Tax Information:

  • Annual Amount: $126
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

540 S 52nd St vs Philadelphia

216 DAYS ON ROCKET

+162 Days

$1,050,000

+$792.3K More

$237/SqFt

+$42 More

KEY TAKEAWAY

This property is $792.3K more than the Median Sold Price and $42/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2281422

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Christopher K Somers

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 8:00:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2015Home Sold
$31,000

Tax History

YEARPROP. TAXASSESSMENT
2020$126 -
2019$125$9,000
2018$126$9,000
2017$126$9,000

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2078310
4
/10

  • Universal Daroff Charter School

  • 5630 Vine St

  • 0.47 miles

  • Public Charter Grades KG-8

High School

school-card-donut-2078311
2
/10

  • Overbrook High School

  • 5898 Lancaster Ave

  • 1.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,366. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19143›540 S 52nd St

This home is located at 540 S 52nd St in Philadelphia, PA and zip code 19143 in the Haddington neighborhood. This 4,438 square foot home, which was built in 2023, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 25, 2023 and is currently priced at $1,050,000.

Over 228 listings were sold over their listed price in March 2024 in Philadelphia, PA. In the same period over 481 listings were sold below the listed price and 214 listings were sold for the listed price. Between February 2024 and March 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 4.6%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.

From Rocket Homes Real Estate and based on county public records data.

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