1617 N 56TH ST Philadelphia, PA 19131
1,752 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,752 sqft
Price per Sqft $131
Subdivision Overbrook
MLS Listing ID PAPH2676284
Style Traditional
Abv Grd Liv Area 1,752
Year Built 1920
Annual Tax Amount $2,596
Tax Year 2026
Lot Size 1,552 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Discover the potential of this two-unit duplex at 1617 N. 56th Street! Whether you're looking to expand your investment portfolio or purchase a property to renovate and make your own, this duplex offers an opportunity to transform two separate apartments into something special.
Each apartment features 2 bedrooms and 1 bathroom. The first-floor unit offers original hardwood flooring, some of which requires repair, ceiling fans, basement access, and a rear deck. The basement includes a half bathroom, an existing bar area, and a cedar closet for additional storage, offering additional possibilities for improvement.
The second-floor unit features carpeting, ceiling fans, a newer toilet, and access to a rear balcony.
The property requires updates, including flooring, appliances, and other improvements, making it an opportunity for buyers interested in renovation projects. Renovation financing options may be available to qualified buyers, subject to lender approval, property eligibility, and program requirements.
RENTAL INCOME POTENTIAL: Based on comparable rental research in the surrounding area, the property may have the potential to generate approximately $3,000–$3,200 per month in combined gross rental income following suitable renovations. These figures are estimates only and are not an appraisal or guarantee of rental income. Actual rents will depend on completed improvements, property condition, market demand, and applicable requirements. Buyers should independently verify rental projections.
Select listing photos include AI-generated renovation concepts to help buyers visualize the property's potential. These images are for illustrative purposes only and do not represent the property's current condition or completed renovations.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Radiator
Cooling Ceiling Fan(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 1752
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Edward Heston
High Schools Overbrook
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 041351800
Ownership Fee Simple
SqFt Source 1752
Acceptable Financing Cash, Conventional, FHA 203(k), VA
Listing Terms Cash, Conventional, FHA 203(k), VA
Financing Cash,Conventional,FHA 203(k),VA
Special Listing Condition Standard
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