Patterson-Schwartz Real Estate278 S 52Nd Street, Philadelphia, PA 19139-4006 $230,000
Interior Sq. Ft: 3,280
Acreage: 0.04
Age:100 years
Taxes: $3,706
Design/Type:
Other
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.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Natural Gas, Central A/C, Other, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Other
Exterior
Masonry
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (132 schools)
Public Middle (20 schools)
Public High (54 schools)
Private (129 schools)
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This report is a detailed community overview for Philadelphia (19139), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $30,970
Community Summary
- Population Density (ppl / mile): 26,194
- Household Size (ppl): 2.61
- Households w/ Children: 71%
Housing Inventory
- Owned: 6,994 (32.8%)
- Rented: 10,334 (48.4%)
- Vacant: 4,021 (18.8%)
- Total: 21,349
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.2%
- Some High School: 12.4%
- High School Graduate: 37.8%
- Some College: 24.4%
- Associate Degree: 5.7%
- Bachelor's Degree: 10.6%
- Graduate Degree: 6.0%
Income by dollar range
Median Income: $30,633
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $694
- One Bedroom: $701
- Two Bedroom: $948
- Three Bedroom: $950
- Four Bedroom: $1,233
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Contact Information
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Listing Courtesy of: Keller Williams Liberty Place , (609) 399-5454, klrw903@kw.com
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/28/2025.
