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1617 N 56th St , Philadelphia, PA 19131
$230,000
Est. Payment: $1,242.50/mo
4 Bed
2 Bath
1752 Sqft
0.04 Acres
Status: active | Days on site: 30
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SETLDOWN - 3349675
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House Description

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.

Highlights

Listed by Monique Richardson , 8568794144 Settle Down Philadelphia , 2152533439. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1920

County

Philadelphia

Area

19131 (19131)

Neighborhood

Overbrook

School District

The School District Of Philadelphia

Listing ID

PAPH2676284

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Ceiling Fan(s)
Fireplaces:
Above Ground Sq Ft:1752
Basement:Fully Finished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RM1
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,242
Taxes
$216

Home Price

$230,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$46,000
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:
$1,242.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,242.50 $216.39 $0.00 $1,458.88
Yearly $14,910.00 $2,596.62 $0.00 $17,506.62
Total $447,299.93 $77,898.60 $0.00 $525,198.53
Lender profile image
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