1627 N 56th Street
Philadelphia, PA 19131
Income-Producing Investment in Overbrook Park. This triplex features three residential 2 bedroom units with up to date rental licenses. Current/Recent Rents: 2nd Floor – 2 Bedroom: $1,700 /month(just vacated) 1st Floor – 2 Bedroom: $1,650/month (great pha tenant) Lower Level – 2 Bedroom: $1,450 /month (great pha tenant) Total Monthly Rent: $4,800 *Leases available upon request. The property includes laundry machines, an up-to-date fire alarm system, and has recently had the second floor apartment vacated, making it ready for a new owner to lease at current (higher) rates. Please note that all three apartments are below current PHA rent schedule so increases could be applied for. Current PHA payment standards indicate potential rent of $2,010 a month for each of the 2 bedroom apartments. Approximately $5,710/month possible once fully rented with updated rents. *This is an AS-IS, Where-Is Sale. * Seller will consider Cash, HardMoney, and Conventional Loans. Inspections are for informational purposes only.*
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Tesla Realty Group, LLC
Agency Phone: 8448375274
Shown By
Agent Name: Jill Lewis
Agent Phone: (570) 814-4747
Agency Title: Lewith & Freeman
AGENT INFORMATION
Lewith & Freeman Jill Lewis (570) 814-4747
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Estimated Payment
$ 2,378.42 per month $2,020.99 Principal & Interest $253.92 Property Tax $103.51 Homeowner's InsuranceChange Payment Information
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1627 N 56th Street | MLS# PAPH2666240
This multi-family property located at 1627 N 56th Street, Philadelphia, PA 19131 is currently listed for sale with an asking price of $354,900. N 56th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on jillannlewis.lewith-freeman.com today.