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709 South 56th Street

Philadelphia PA 19143

4
1862 sq. ft.
1237 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
1862 sq. ft. floor area
1237 sq. ft. lot size
Duplex

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 4 reviews in Philadelphia over the last 12 months.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 28 four-bedroom duplexes similar to 709 South 56th Street, have been sold.

This represents a 25% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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