Two-Bedroom
For Sale
$375,000
56 N 58TH ST, Philadelphia, PA 19139
Three two-bedroom units provide a consistent multifamily layout near train and public transit connections.
Property Size1,440 SF
Price / SF$260.42
Days on Market47
Property Features for 56 N 58TH ST
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
West Philadelphia
Public Transit
Yes
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Listing Agency:
20/20 Real Estate - Bensalem
(215) 357-2020
Listed By:
Mohamed Salah Mustafa · License #RS364060
(267) 495-6005
Source:
Opal-realestate
Added: Sep 19
Changed: Oct 25
Last Checked: Nov 3 at 6:28AM
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 20/20 Real Estate - Bensalem
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Investment Insights
Based on property information with market context.
Located at 56 N 58th St in Philadelphia, this triplex contains three residential units with two bedrooms in each. The layouts are described as functional, providing a consistent configuration across the property.
The property is positioned near a local train station and multiple public transit options. Residents can access Center City and surrounding neighborhoods by transit, adding a practical commuting connection to the multifamily offering.
The property is positioned near a local train station and multiple public transit options. Residents can access Center City and surrounding neighborhoods by transit, adding a practical commuting connection to the multifamily offering.
Key Highlights
- Three‑unit triplex configuration
- Each unit includes 2 bedrooms
- Functional layouts across all three units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,573
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,460
$491.5K
Cap Rate 7%
$351,043
$351.0K
Cap Rate 9%
$273,033
$273.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$37.2K $25.80/SF
− Vacancy
−$2.0K −$1.42/SF
EGI
$35.1K $24.38/SF
− OpEx
−$10.5K −$7.31/SF
NOI
$24.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,460
Cap Rate 7%
$351,043
Cap Rate 9%
$273,033
Alternative Uses
Best Use
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 6.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom units provide a consistent multifamily layout near train and public transit connections.
Where is this triplex located?
The property is located at 56 N 58TH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three‑unit triplex configuration; Each unit includes 2 bedrooms; Functional layouts across all three units
