1627 N 56TH ST, Philadelphia, PA 19131
1627 N 56TH ST, Philadelphia, PA 19131
1627 N 56TH ST, Philadelphia, PA 19131
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Joseph Montefiore

Joseph Montefiore

+1(610) 322-5522
Listed by Kinny Peterkin • Tesla Realty Group, LLC
$354,900
Est. payment /mo
2,226 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,226 sqft

Price per Sqft $159

Subdivision Overbrook Park

MLS Listing ID PAPH2666240

Style Traditional

Abv Grd Liv Area 2,226

Year Built 1915

Available Date 2026-09-03

Annual Tax Amount $3,047

Tax Year 2026

Lot Size 1,588 Sqft

Acres 0.04

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

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.*

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RM1

Rooms

Basement Interior Access

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Laundry Basement, Washer In Unit, Dryer In Unit

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2226

Sewer Public Septic

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 041352300

Ownership Fee Simple

SqFt Source 2226

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Joseph Montefiore

Joseph Montefiore

+1(610) 322-5522

REALTOR® License ID: RS328192

REALTOR® License ID: RS328192

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