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Philadelphia Duplex Investment Opportunity

1604 South 56th Street, Philadelphia, PA 19143

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For Sale

$120,000

Turnkey duplex in up-and-coming Philadelphia neighborhood, fully rented.

Type:Multi-Family / Fee Simple

Property size:

1,892 SF

Price / SF:

$63/SF

HighLights

Turnkey investment property with immediate cash flow from fully rented units.
Located in a rapidly developing Philadelphia neighborhood near Cobbs Creek.
Duplex structure provides two rental income streams.
Moderately renovated units offer comfortable living spaces.
Benefits from ongoing revitalization, increasing home values, and new businesses.
Year built: 1920

We can help!

Listing Contact

Catawba Bond

Learn more

For Sale

$120,000

Turnkey duplex in up-and-coming Philadelphia neighborhood, fully rented.

Type:Multi-Family / Fee Simple

Property size:

1,892 SF

Price / SF:

$63/SF

Added:: Mar 17, 2025
Days on Market:: 455
Last Refresh:: Mar 13 at 6:41 pm

Property Features for 1604 South 56th Street

General Information

Standard status: Active
Size: 1,892 SF
Property subtype: Multi-Family / Fee Simple

Building Details

Year Built: 1920

We can help!

Listing Contact

Catawba Bond

Listing agent Catawba Bond License #RS341736

Listing office KW Empower

Listing date Mar 17, 2025

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Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Empower

HighLights

Turnkey investment property with immediate cash flow from fully rented units.
Located in a rapidly developing Philadelphia neighborhood near Cobbs Creek.
Duplex structure provides two rental income streams.
Moderately renovated units offer comfortable living spaces.
Benefits from ongoing revitalization, increasing home values, and new businesses.
Year built: 1920

Overview

This duplex is located at 1604 S 56th Street in Philadelphia, PA. The property is situated in a rapidly developing area near Cobbs Creek, benefiting from ongoing revitalization, increasing home values, and new businesses. It is located in MLS Area 19143. The property is a turnkey investment opportunity and is fully rented, providing immediate cash flow. The property size is 1892 square feet. Each unit offers comfortable living spaces with recent updates, making it an attractive choice for tenants. The school district is THE SCHOOL DISTRICT OF PHILADELPHIA.

Location Intelligence

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Duplexes

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Local Demand

City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.2268573
Latitude: 39.9384783

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For sale
Duplexes
PA
Philadelphia
19143
1604 South 56th Street

What type of property is this?

Duplex - Turnkey duplex in up-and-coming Philadelphia neighborhood, fully rented.

Where is this duplex located?

The property is located at 1604 South 56th Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $120,000.

What are key features of this property?

This property features: Turnkey investment property with immediate cash flow from fully rented units.; Located in a rapidly developing Philadelphia neighborhood near Cobbs Creek.; Duplex structure provides two rental income streams.