278 S 52ND ST, Philadelphia, PA 19139
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The Bollack Team

The Bollack Team

+1(443) 299-7994
Listed by Ryan McManus • Keller Williams Liberty Place
$ 230,000
Est. payment /mo
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Pending

278 S 52ND ST Philadelphia, PA 19139

3,280 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $70

MLS Listing ID PAPH2519274

Style Other

Abv Grd Liv Area 3,280

Year Built 1925

Annual Tax Amount $3,706

Tax Year 2024

Lot Size 1,800 Sqft

Acres 0.04

Lot Dimensions 20.00 x 90.00

Property Sub-Type Other

Source BRIGHT

Property 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

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Other

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 3280

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871581460

Ownership Fee Simple

SqFt Source 3280

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

The Bollack Team

The Bollack Team

Agent | License ID: 660828

+1(443) 299-7994

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278 S 52ND ST

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