Turnkey investment opportunity in an up-and-coming Philadelphia neighborhood! This moderately renovated duplex at 1604 S 56th Street is fully rented, providing immediate cash flow. Nestled in a rapidly developing area near Cobbs Creek, this property benefits from ongoing revitalization, increasing home values, and new businesses popping up. Each unit offers comfortable living spaces with recent updates, making it an attractive choice for tenants. Whether you’re a seasoned investor or just starting out, this is a prime opportunity to own in a growing market. Schedule a showing today!
Listed by Catawba Bond
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License #RS341736
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KW Empower
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2672578641
Last updated August 09, 2025
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Source: BrightMLS #PAPH2458366
Listing Facts
TypeMulti-family
NeighborhoodKingsessing
Days on Prevu170
Taxes$3,542/year
Size1,892 sqft
Price per sqft$124
Location
Mortgage Calculator
Listing History
08/10/2025
Price Decreased
$235,000
08/06/2025
Price Decreased
$245,000
03/21/2025
Listed by KW Empower
$250,000
Property Details for 1604 S 56TH Street
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1920
Architectural Style: Straight Thru
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.03
Lot Size Source: Estimated
Lot Size Square Feet: 1,223
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,542.00
Tax Year: 2023
Interior
Features
Fireplace: No
Measurements
Living Area: 1,892
Living Area Source: Estimated
Other
Location
Subdivision Name: KINGSESSING
Tax Lot: 234
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Radiator
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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