709 S 56th St, Philadelphia, PA 19143

Philadelphia
Local realty services provided by:ERA Valley Realty
709 S 56th St,Philadelphia, PA 19143
$189,900
  • 4 Beds
  • - Baths
  • 1,862 sq. ft.
  • Multi-family
  • Active
Listed by: karmen n fails
Office: common ground realtors
MLS#:PAPH2596626
Source:BRIGHTMLS

Price summary

  • Price:$189,900
  • Price per sq. ft.:$101.99

About this home

Investors - this is you don't want to miss! We've lowered the asking price on this cash-flowing Cobbs Creek duplex, and the numbers now exceed the 1% rule: collected rents represent 1% or more of the new sale price. That's day-one cash flow with room to grow. Both two-bedroom units are tenant-occupied and producing income now — no lease-up period, no vacancy risk out of the gate. While your tenants pay down the asset, you plan your next move. A rundown of the asset: The first-floor unit sits on a full-footprint unfinished basement with walk-out access — a blank canvas for additional storage, utility space, or a future value-add play. The second-floor unit was kitchen-renovated last year and features a large covered porch and an oversized dining/kitchen layout that tenants love. Location works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere. Being sold AS-IS. Priced to move. The seller is motivated and...

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2596626
  • Added:62 day(s) ago
  • Updated:May 21, 2026 at 01:41 PM

Rooms and interior

  • Bedrooms:4
  • Kitchen Description:Oven/Range - Gas, Refrigerator
  • Living area:1,862 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1920
  • Building area:1,862 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$189,900
  • Price per sq. ft.:$101.99
  • Tax amount:$2,599 (2025)

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