424 S 56th Street

PHILADELPHIA, PA 19143

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,500 Sqft
  • 1558
    Sqft(Lot)
$300,000

Description

Well-maintained and updated duplex in cobbs creek offers an incredible opportunity!! as your first investment you could live in one unit while the other pays your mortgage. seasoned investor? one unit has access to the basement and backyard and the other was just renovated and is ready for an upscale city professional tenant. you could even rent out the garage or extra storage on the lowest level. the possibilities are endless!

unit a (lower) is a spacious 1-bed, 1-bath apartment boasting a large living room, formal dining room perfect for gatherings, and a sunlit kitchen with a refrigerator and electric range. this apartment enjoys a roomy private backyard outdoor retreat. a full laundry for this unit is in the basement with washer and dryer in place. if this space was updated, the rent potential could be $1,200.
unit b (upper) provides city living at it's best with a true showpiece, completely renovated apartment. the new kitchen is a dream with the perfect arrangement to entertain and create the gourmet experience. starting with granite countertops, 42 inch cabinets, marble floors, breakfast bar, recessed lighting, deep sink and stylish backsplash. then there are the new stainless appliances including a large frigidaire side by side fridge with lower freezer drawer, ceramic cooktop range with warming drawer and space saver microwave. the breakfast bar will easily host 4-5 guests while the adjacent room with a bay window would make a great living room or combo dining room if you'd like. the open-concept layout allows natural light from the bay window to brighten the entire space. the space is breathtaking and to top it off the crystal chandelier with the ceiling fan really makes it pop!

head down the hall where the newly refinished 1.5 inch white oak hardwood really gleams under all the recessed led lighting. the convenient laundry nook homes brand-new stacked samsung washer and dryer. the new bathroom with high-end finishes including new vanity, led lighting, and brushed black fixtures. this level is completed by two very generously sized bedrooms, both with lighted ceiling fans, beautiful floors, good closets and modern electrical service

this 2-bedroom, 1-bathroom apartment has a rental potential of $1,450/mo. additional features: 2020 roof replacement, 24-hour exterior surveillance with a free app, separate electric and hot water heaters (unit b 2024), new sewer mains and new electrical wiring. there is separate garage door access to the expansive unfinished basement space offering endless possibilities for storage, a workshop, or a small business.

located just minutes from subway stations, bus stops, and within 5 miles of center city and 10 miles from philadelphia airport, this property offers convenient access to everything you need. don’t miss the chance to own a versatile property in a prime location – perfect for living while generating income or expanding your portfolio!

  • Property Type

    Multi-Family
  • County

    PHILADELPHIA
  • Style

    Other
  • AD ID

    47309043

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Wood Floors,Upgraded Countertops,Recessed Lighting,Kitchen - Gourmet,Formal/Separate Dining Room,Dining Area,Ceiling Fan(s),Bathroom - Tub Shower
    • Roof : Flat
    • Exterior Property Features : Sidewalks,Street Lights
    • Basement Description: Daylight, Partial,Interior Access,Outside Entrance,Unfinished,Walkout Level,Windows,Workshop,Other
    • Property Appliances: Built-In Microwave,Built-In Range,Dishwasher,Dryer,Oven/Range - Electric,Water Heater,Washer

    Roofing Information

    • Flat

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Electric,Radiator
    • Cooling Fuel: None
    • Heating Fuel: Electric,Natural Gas

    Window Information

    • Window Treatments: Double Pane,Double Hung
  • Building Information

    • Exterior Features: Sidewalks,Street Lights
    • Year Built: 1925
    • Structure: End of Row/Townhouse
    • Major Appliances: Built-In Microwave,Built-In Range,Dishwasher,Dryer,Oven/Range - Electric,Water Heater,Washer
    • New Construction: No
    • Total Units: 2
    • Built: 1925
    • Construction Material: Masonry
    • Security System: 24 hour security,Exterior Cameras,Carbon Monoxide Detector(s),Smoke Detector,Security Gate
    • Roof: Flat
    • Foundation/Basement: Stone
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Flat

    Exterior Features

    • Utilities: Natural Gas Available,Cable TV Available,Electric Available,Phone Available,Sewer Available,Water Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas,Electric
  • Lot Information

    • Lot Size: 1,558
    • Dimensions: 18.00 x 85.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Other
    • Stories Total: 2
    • Main Square Feet: 1,558

    Property Information

    • SQ ft: 1,500
    • SQ ft (Living Area): 1,500
    • Total Lot SQ ft: 1,558
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 18.00 x 85.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Other
  • Listing Information

    • Possession: Immediate,Negotiable
    • Days Of Market: 47
  • Tax Information

    • Annual Tax: $2,627
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $187,700
  • Virtual Tour

    Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional
    • Roof: Flat

    Homeowners Association Information

    • Direction: Head west on Walnut St toward S 55th St, Turn left at the 2nd cross street onto S 56th St. Destination will be on the right
  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Natural Gas Available,Cable TV Available,Electric Available,Phone Available,Sewer Available,Water Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Electric,Natural Gas
    • Hot Water: Natural Gas,Electric

    Location Information

    • Direction: Head west on Walnut St toward S 55th St, Turn left at the 2nd cross street onto S 56th St. Destination will be on the right
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BuyOwner last updated this listing 12/04/2024 @ 03:26

  • MLS: PAPH2409740
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,500 sqft, 1,558 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19143, this PHILADELPHIA County Other are nearby neighborhoods.