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1500 N 56th St
For Sale $175,000 ($94.09 per Sq Ft)
$175,000 ($94.09 per Sq Ft)
- 2 Units
- 1,860 Sq Ft
- 1,550 Sq Ft
- Unknown Cap Rate
Description
Investment Opportunity! Imagine the potential this property has to offer. Currently set up with a vacant commercial space on the first level and a spacious 4 bedroom, 1 bathroom bi-level residence on the second and third levels. Attached proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS states the property is zoned RSA5. See zoning documents indicating this was approved as a 2 family and a commercial space. This is the opportunity you have been waiting for. Don't miss this one! Schedule a showing today!
The property is being offered in as-is condition. Buyer is responsible for City Resale Certificate and any CO requirements. Seller will not provide any Permits or a Certificate of Occupancy. Buyer is responsible for due diligence regarding zoning and taxes after the City tax reassessment, If you have any questions about the tax assessment, contact the City of Philadelphia. We are not involved in the City of Philadelphia’s tax reassessment and do not have any input or control in the results.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $175,000 |
| Property Type | Other |
| Usable Sqft | 1,860 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 043268300 |
| MLS # | PAPH2425428 |
| Property ID | 294747952 |
| Lot Sqft | 1,550 |
| Zoning | RSA5 |
| Total Units | 2 |
| Days on Market | 45 |
| Original List Price | Unknown |
| Date Updated | January 11, 2025 |
| Date Created | December 05, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Theresa Kehler an agent of . Lic #RS328645
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Data last updated: January 19, 2025.
Robert Crawford
REAL ESTATE AGENT