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1500 N 56th St

Philadelphia PA 19131

1860 sq. ft.
1550 sq. ft.
Other
Currently for sale - view listing

Overview

Investment Opportunity! Imagine the potential this property has to offer. Currently set up with a vacant commercial space on the first level and a spacious 4 bedroom, 1 bathroom bi-level residence on the second and third levels. Attached proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS states the property is zoned RSA5. See zoning documents indicating this was approved as a 2 family and a commercial space. This is the opportunity you have been waiting for. Don't miss this one! Schedule a showing today! The property is being offered in as-is condition. Buyer is responsible for City Resale Certificate and any CO requirements. Seller will not provide any Permits or a Certificate of Occupancy. Buyer is responsible for due diligence regarding zoning and taxes after the City tax reassessment, If you have any questions about the tax assessment, contact the City of Philadelphia. We are not involved in the City of Philadelphia?s tax reassessment and do not have any input or control in the results.

Features

1860 sq. ft. floor area
1550 sq. ft. lot size
Other

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Philadelphia over the last 12 months.

Local market activity for other properties in Philadelphia

In the last 12 months, 9 other properties similar to 1500 N 56th St, have been sold.

This represents a 125% decrease in other properties sales when compared to the previous 12 months.

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