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709 S 56th St, Philadelphia, PA, 19143

4beds
2baths
1,862sqft
$189,900
$102price/sqft
$1,443/moest. monthly cost
$57,720/yrincome needed

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 the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.

Getting Around

72
WalkingVery Walkable
67
TransitGood Transit
86
BikeVery Bikeable

Schools

4/10
3/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Slab
  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range - Gas,Washer,Dryer,Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,862
  • Total interior livable area: 1,862 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 463213500
  • Zoning: RM1
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 1,237 sqft
  • Lot size dimensions: 16.00 x 77.00

Parking

  • Parking features: None