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1604 S 56th St , Philadelphia, PA 19143
$343,000
Est. Payment: $1,852.95/mo
4 Bed
1892 Sqft
0.03 Acres
Status: active | Days on site: 80
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CPTLCMRE - 3124496
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1604 S 56th St: Asking Price $343,000 Property Type Duplex Financial Summary Gross Annual Income: $31,800 Annual NOI: Approximately $24,925 Cap Rate: 7.27% Highlights • Stable duplex • Strong rental location • Existing cash flow • Opportunity for future rent growth Building Notes Seller has not yet provided: Utility responsibilities Roof age Mechanical ages Water heater ages Recent renovations Building systems Deferred maintenance information
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Highlights

Listed by Christopher A Yangello , 6103599700 Capital Commercial Real Estate Group , 6103599700. Bright MLS

Property Type

Multi-Family
Lot/Acreage
0.03

Year Built

1920

County

Philadelphia

Area

19143 (19143)

 Neighborhood

Kingsessing

 School District

The School District Of Philadelphia

Listing ID

PAPH2654808

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Above Ground Sq Ft:1892
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RSA5
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,853
Taxes
$295

Home Price

$343,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$68,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,852.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,852.95 $295.17 $0.00 $2,148.11
Yearly $22,235.34 $3,542.00 $0.00 $25,777.34
Total $667,060.33 $106,260.00 $0.00 $773,320.33
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS