1627 N 56th St, Philadelphia, PA 19131

Philadelphia
Local realty services provided by:ERA Martin Associates
1627 N 56th St,Philadelphia, PA 19131
$364,900
  • 6 Beds
  • - Baths
  • 2,226 sq. ft.
  • Multi-family
  • Pending
Listed by: kinny peterkin
Office: tesla realty group, llc.
MLS#:PAPH2666240
Source:BRIGHTMLS

Price summary

  • Price:$364,900
  • Price per sq. ft.:$163.93

About this home

Income-Producing Triplex in Overbrook Park | Newly Renovated 2nd Floor Kitchen, Ready for Its Next Tenant This three-unit property has three 2-bedroom apartments and a current rental license, and it's ready for an investor to step in and grow its income. Current Rents: 2nd Floor (2BR): $1,700/month – recently vacated, newly renovated kitchen 1st Floor (2BR): $1,650/month – reliable PHA tenant Lower Level (2BR): $1,450/month – reliable PHA tenant Total: $4,800/month Upside Potential: All three units currently rent below the PHA payment standard. Current PHA standards show up to $2,010/month for a 2-bedroom, which could bring potential gross rent to about $6,030/month once the building is fully leased at updated rates. Increases for the PHA units are subject to PHA approval. Features: On-site laundry machines Updated fire alarm system Current rental license Vacant 2nd floor ready to lease at market rate Leases are available on request. The property is sold as-is, where-is. The...

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Home facts

  • Year built:1915
  • Subdivision & Development:OVERBROOK PARK
  • Listing ID #:PAPH2666240
  • Added:70 day(s) ago
  • Updated:November 12, 2026 at 09:16 AM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Basement Description:Interior Access
  • Living area:2,226 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1915
  • Building area:2,226 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$364,900
  • Price per sq. ft.:$163.93
  • Tax amount:$3,047 (2026)

Parking

  • Parking description:On Street

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