1604 S 56TH ST, Philadelphia, PA 19143

• 1,892 sqft

Property Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 1604 S 56th St: Asking Price $343,000 Property Type Duplex Financial Summary Gross Annual Income: $31,800 Annual NOI: Approximately $24,925 Cap Rate: 7.27% Highlights • Stable duplex • Strong rental location • Existing cash flow • Opportunity for future rent growth Building Notes Seller has not yet provided: Utility responsibilities Roof age Mechanical ages Water heater ages Recent renovations Building systems Deferred maintenance information

Listing Status:

Active

Data Last Updated:

August 13, 2026 at 2:18AM

Listing Office:

Capital Commercial Real Estate Group : 6103599700

Listing Agent:

Christopher A Yangello : 6103599700

MLS ID:

PAPH2654808

Interior

• A/C: None
• Heating: RadiatorElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5514033100

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN