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1627 N 56TH StreetPhiladelphia, PA 19131

For Sale

$354,900

Smart Buyer Rebate $3,549

Income-Producing Investment in Overbrook Park. This triplex features three residential 2 bedroom units with up to date rental licenses. Current/Recent Rents: 2nd Floor – 2 Bedroom: $1,700 /month(just vacated) 1st Floor – 2 Bedroom: $1,650/month (great pha tenant) Lower Level – 2 Bedroom: $1,450 /month (great pha tenant) Total Monthly Rent: $4,800 *Leases available upon request. The property includes laundry machines, an up-to-date fire alarm system, and has recently had the second floor apartment vacated, making it ready for a new owner to lease at current (higher) rates. Please note that all three apartments are below current PHA rent schedule so increases could be applied for. Current PHA payment standards indicate potential rent of $2,010 a month for each of the 2 bedroom apartments. Approximately $5,710/month possible once fully rented with updated rents. *This is an AS-IS, Where-Is Sale. * Seller will consider Cash, HardMoney, and Conventional Loans. Inspections are for informational purposes only.*

Listed by Kinny Peterkin

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License #rs352405

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Tesla Realty Group, LLC

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6109308993

Last updated September 03, 2026

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Source: BrightMLS #PAPH2666240

Listing Facts

  • TypeMulti-family
  • NeighborhoodOverbrook
  • Days on Prevu12
  • Taxes$3,047/year
  • Size2,226 sqft
  • Price per sqft$159

Location

Mortgage Calculator

Listing History

09/03/2026
Listed by Tesla Realty Group, LLC
$354,900
  1. 09/03/2026$354,900
    Listed by Tesla Realty Group, LLC

Property Details for 1627 N 56TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.04
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,588
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $3,047.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,226
  • Living Area Source: Assessor

Rooms

  • Basement: Interior Access
  • Has Basement: Yes

Other

Location

  • Subdivision Name: OVERBROOK PARK
  • Tax Lot: 242

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Heating: Baseboard - Electric
  • Has Heating: Yes
  • Sewer: Public Septic
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1627 N 56TH Street.

What are the annual taxes for 1627 N 56TH Street?

Annual taxes for this multi-family home are estimated at $3,047.

How does 1627 N 56TH Street compare to other multi-family homes in Overbrook?

This multi-family home is listed 16% below the average price for multi-family homes in Overbrook and has been on the market for 76 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,226 sqft.

1627 N 56TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19131. Listed on Prevu for 12 days at $354,900. This property features 2,226 square feet of living space, located in Overbrook. The median listing price for multi-family homes in this area is $262,500. View other multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.