About 1604 S 56th St
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
Features of 1604 S 56th St
| MLS® # | PAPH2654808 |
|---|---|
| Price | $343,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,892 |
| Acres | 0.03 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Duplex,Interior Row/Townhouse |
| Style | Straight Thru |
| Status | Active |
Community Information
| Address | 1604 S 56th St |
|---|---|
| Area | 19143 |
| Subdivision | KINGSESSING |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19143 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Radiator |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Masonry |
|---|---|
| Construction | Masonry |
| Foundation | Stone |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 32 |
| Zoning | RSA5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Capital Commercial Real Estate Group |
|---|---|
| Contact Info | 6103599700 |