1604 S 56th St, Philadelphia, PA 19143

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Premier
1604 S 56th St,Philadelphia, PA 19143
$343,000
  • 4 Beds
  • - Baths
  • 1,892 sq. ft.
  • Multi-family
  • Active
Listed by: christopher a yangello
Office: capital commercial real estate group
MLS#:PAPH2654808
Source:BRIGHTMLS

Price summary

  • Price:$343,000
  • Price per sq. ft.:$181.29

About this home

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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Home facts

  • Year built:1920
  • Subdivision & Development:KINGSESSING
  • Listing ID #:PAPH2654808
  • Added:47 day(s) ago
  • Updated:September 28, 2026 at 01:56 PM

Rooms and interior

  • Bedrooms:4
  • Living area:1,892 sq. ft.

Heating and cooling

  • Heating:Electric, Radiator

Structure and exterior

  • Year built:1920
  • Building area:1,892 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Straight Thru
  • Construction Materials:Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$343,000
  • Price per sq. ft.:$181.29
  • Tax amount:$3,542 (2023)

Parking

  • Parking description:On Street

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