1627 N 56th St

Philadelphia, PA 19131
  • $354,900

    Price
  • 6

    Bed
  • 3

    Bath
  • 2,226

    SqFt

About the Listing 55893 - 3301176

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.*

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® PAPH2666240
Year Built 1915
Total Square Footage 2,226
Lot/Acreage 0.04
County Philadelphia
Neighborhood Overbrook Park
School District Philadelphia City

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2226
  • Below Ground Sq Ft: 0
  • Basement: Interior Access
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Zoning: RM1
  • Roof:
  • Others:
  • Sewer: Public Septic
  • Parking Features: On Street

Financial Details

  • Tax Amount: $3,047
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

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1627 N 56th St Philadelphia, PA 19131

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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