$ 230,000
-
$230,000
Price -
4
Bed -
2
Bath -
1,752
SqFt -
0.04
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SETLDOWN - 3349675
INVESTORS, RENOVATION BUYERS & FUTURE OWNER-OCCUPANTS — BRING YOUR VISION TO LIFE! 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.
Listing Highlights for 1617 N 56th St
Status
Active
Days on Site
33
Property Type
Multi-Family
MLS ®
PAPH2676284
Year Built
1920
Total Square Footage
1,752
Lot/Acreage
0.04
County
Philadelphia
Neighborhood
Overbrook
Area
19131 (19131)
School District
The School District Of Philadelphia
Elementary School
Edward Heston
High School
Overbrook
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1752
- Basement: Fully Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,597
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1617 N 56th St Philadelphia, PA 19131
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
