1242 S 51ST STREET, PHILADELPHIA, PA 19143

$400,000

Exceptional Owner-Occupant Opportunity in Kingsessing Park - 1242 S 51st Street, Philadelphia, PA 19143 This stunning 3,240 sq. ft. Victorian triplex is the perfect blend of historical charm and modern updates, making it an unbeatable investment for any owner-occupant looking for immediate cash flow or to add to their portfolio.… Read More Nestled directly across from the serene Kingsessing Park, this property offers not only a prime location but also a unique opportunity to let your tenants help cover the mortgage while you enjoy steady property appreciation. Key Features: Structural Integrity: Comprehensive updates to the property include: New windows and siding (2018) Brand-new roof with a 10-year warranty (2022) Upgraded electrical service All beams replaced and new masonry work, ensuring lasting structural integrity. Flooring under warranty for additional peace of mind. Utilities & Systems: Separate water meters for each unit, offering tenants autonomy and landlords ease of management. Laundry hookups available for added convenience. A recently recertified fire alarm system. Full surveillance system installed for enhanced security. Remote control temperature for seamless management of heating and cooling. Ongoing Maintenance: The property includes a month-to-month exterminator contract, ensuring ongoing pest control and maintenance, providing tenants and landlords peace of mind. Rental Income: Current Rental Breakdown: Unit 1: 1 bed/1 bath, $1,100/mo, fully renovated with direct access to the yard. Unit 2: 2 bed/1 bath, $1,100/mo, fully renovated with modern finishes. Unit 3: 3 bed/1 bath, $1,200/mo, newly renovated in 2024 with breathtaking views of Kingsessing Park and a livable attic space. The property is already generating consistent income through University Contracts, making this an ideal investment for those seeking a dependable revenue stream. Prime Location: Situated close to Bartram's Historic Garden, University City, and convenient public transportation, this property offers an unbeatable location for tenants. The street also features a local library, adding to the community feel of the neighborhood. This move-in-ready triplex is not only an architectural beauty but also a sound investment with all the major updates completed. Don't miss out on the chance to own a piece of Philadelphia's Victorian charm, upgraded with modern amenities. This is an As-Is Sale. Read Less

Courtesy of William Holder, RE/MAX Classic [email protected]

Listing Snapshot

Days Online

302

Last Updated

Jul 17, 2025

Property Type

Townhouse

Square Ft.

2,850

Lot Size

0.03 Acres

Year Built

1915

MLS Number

PAPH2396446

30 Days Snapshot Of 19143

$264k

+7%

(avg) sold price

+18%

homes sold

-4%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Stove, Washer/Dryer Hookups Only, Refrigerator

Basement

Unfinished

Building

2,850 sqft living area, Built in 1915, Structure Type: Interior Row/Townhouse, 3 units in building, Victorian, Masonry

Cooling

Electric, Window Unit(s)

Floors

Laminate Plank

Foundation

Concrete Perimeter

Heating

Natural Gas, Forced Air

Lot

1,451 sqft, Lot Size Dimensions: 16.00 x 90.00, 0.03 acres

Property

Other Structures: Above Grade, Below Grade, Outdoor Living Structures: Porch(es), 1 one-bedroom unit, 1 three-bedroom unit, 1 two-bedroom unit

Roof

Flat

Sewer

Public Sewer

Taxes

City/Town Tax: $3,071, City/Town Tax Pymnt Freq: Annually, School Tax: $3,909, Tax Annual Amount: $6,980, Tax Year: 2025

Utilities

Hot Water: Natural Gas

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