Here’s your chance to secure a fantastic investment opportunity in the heart of West Philadelphia. This versatile property features a vacant commercial space on the first floor and a spacious bi-level 4-bedroom, 1-bath residence on the upper level, offering plenty of options for the right buyer.
Located near major universities, public transit, and bustling neighborhood corridors, this property is positioned perfectly for long-term growth and strong rental demand. Whether you’re looking to create steady rental income, renovate and resell, or design a mixed-use building with upside, this opportunity is full of potential.
Utilities are already separated, and ATLAS reflects zoning as RSA-5. Supporting documents show approval for use as a two-family residence with commercial space beneath—a strong foundation for your investment plans.
The property is being offered strictly as-is, with the buyer responsible for the City Resale Certificate, any CO requirements, and all due diligence on zoning and taxes following the City’s reassessment. The seller will not provide permits or a Certificate of Occupancy. For more information about tax assessments, please reach out to the City of Philadelphia directly.
Don’t miss the chance to reimagine this property and bring out its true potential. Schedule your showing today!
Listed by Jason L Johnson
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Perfect Place Real Estate Co.
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2159042101
Last updated August 30, 2025
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Source: BrightMLS #PAPH2530742
Listing Facts
TypeMulti-family
NeighborhoodCarroll Park
Days on Prevu13
Taxes$2,084/year
Size1,860 sqft
Price per sqft$83
Location
Mortgage Calculator
Listing History
08/24/2025
Listed by Perfect Place Real Estate Co.
$155,000
Property Details for 1500 N 56TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1925
Architectural Style: Bi-level
Construction Materials: Brick
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Size Acres: 0.04
Lot Size Source: Estimated
Lot Size Square Feet: 1,550
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $2,084.00
Tax Year: 2025
Interior
Measurements
Living Area: 1,860
Living Area Source: Estimated
Rooms
Basement: Unfinished
Has Basement: Yes
Other
Features
Accessibility Features: Level Entry - Main
Location
Subdivision Name: CARROLL PARK
Parking
Parking
Garage: No
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
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