1500 N 56th Street
Philadelphia, PA 19131
- – beds
- – baths
- 1,860 sqft
- 1,550 sqft lot
- $96 per sqft
- 1925 build
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.
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Dec 14, 2024
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MLS# PAPH2425428 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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Roof:Unknown
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru, Traditional
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Accessibility Features:2+ Access Exits
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Foundation Details:Other
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Basement:Yes
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Basement Type:Other
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1860
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1860
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Living Area SqFt:1,860 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA 203(k)
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Possession:Immediate
Location
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Directions:56th and Media
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Cross Street:MEDIA
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Latitude:39.97516632
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Longitude:-75.23370361
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Location Type:Corner Lot/Unit
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Major Rehab Needed
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 100.00
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Lot Dimensions Source:Assessor
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Lot Features:Corner, Rear Yard
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Lot SqFt:1,550 Sqft
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:O30
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 605-9647
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:043268300
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Tax Year:2025
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Tax Lot:177
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Tax Annual Amount:$2,084
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Tax Assessed Value:$88,900
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Year Assessed:2024
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School Tax:696.0
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City/Town Tax:547.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Other
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Carroll Park
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Single Room Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/6/24
Dec 6, 2024
|
Listed / Active | BRIGHT | $180,000 |