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1604 S 56Th Street Philadelphia, PA $ 343,000
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1604 S 56Th Street
$ 343,000
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1604 S 56Th Street

Philadelphia, PA, 19143
$ 343,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,166

1604 S 56Th Street, Philadelphia, PA 19143 - Image 1

Multi-Family Home for sale in Philadelphia, PA

for $343,000 with 4 bedrooms. This home was built in 1920 on a lot size of 0.03.

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1604 S 56th St: Asking Price $343,000 Property Type Duplex Financial Summary Gross Annual Income: $31,800 Annual NOI: Approximately $24,925 Cap Rate: 7.27% Highlights Stable duplex Strong rental location Existing cash flow Opportunity for future rent growth Building Notes Seller has not yet provided: Utility responsibilities Roof age Mechanical ages Water heater ages Recent renovations Building systems Deferred maintenance information

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Multi-Family Active

Price

$ 343,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,542

Style

Straight Thru

Lot Size

0.03

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2654808
Features
General
Living Area 1892
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate
Zoning RSA5
Architectural Style Straight Thru
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1920
Property Subtype Duplex
Tax Year 2023
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name KINGSESSING
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions S 56TH St & Springfield Ave
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19143 (19143)
Lot Size Units Square Feet
Lot Size Square Feet 1223.00
Tax Annual Amount 3542.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 181.29
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 234
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Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 50620.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1604
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* Excluded Features
List By
Capital Commercial Real Estate Group

Broker

cyangello@capitalcomre.com

Email

Affordability Calculator

$2,461
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,166
Monthly Property Taxes
$295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/12/2026$343,000 Listed Price

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1604 S 56Th Street, Philadelphia, PA, 19143 is a Multi-Family Home for sale at $343,000 with a lot size of 0.03. 1604 S 56Th Street has 4 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 19143 which is in Philadelphia, PA

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