Listed by Katherine Mejia of Legal Real Estate LLC
Welcome to 1418 North 52nd Street. This is an income producing legal triplex that was renovated about 5 years ago and has new mechanicals, plumbing, central air, kitchens and baths. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom unit that has a deck. There's also a small backyard on the property, and it is located on the very busy 52nd Street business corridor for great long-term appreciation. All of the units are below market rent. Tenants pay all their own utilities, and the utilities in the building are separate. The property is currently generating $3125 a month. Close to public transportation, street parking, and shopping. This property qualifies for Penn's Closing Cost Reduction Program.

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