537 S 55th Street
Philadelphia, PA 19143
- – beds
- – baths
- 2,655 sqft
- 4,880 sqft lot
- $172 per sqft
- 1925 build
This fully leased triplex presents an excellent investment opportunity in a prime location. Thoughtfully designed to maximize space and functionality, the building consists of three well-laid-out units, each offering comfortable and modern living. Two of the units feature two bedrooms and one bathroom, while the third is a spacious bilevel unit spanning the second and third floors with four bedrooms and two bathrooms. With all units currently leased, this property provides immediate rental income and strong investment potential. Each unit is designed with durability and style in mind, featuring commercial-grade laminate flooring, tiled kitchens and bathrooms, and central air and heating systems for year-round comfort. Large windows in every unit allow for abundant natural light, while high ceilings contribute to an open and airy feel throughout the building. The thoughtful layout ensures that each space feels spacious and inviting. Additionally, a private driveway provides the convenience of off-street parking, a rare amenity in this part of the city. Perfectly situated in a vibrant and growing neighborhood, this property offers excellent access to public transit, parks, and local conveniences. Baltimore Avenue, just a short walk away, is home to a variety of popular restaurants, cafés, and shops, making it a lively hub for residents. Clark Park, a beloved green space known for its farmers’ markets and community events, is also nearby, providing a perfect outdoor escape. The area’s strong sense of community, along with its accessibility and amenities, makes it highly desirable for renters. Whether you're a seasoned investor or looking to expand your portfolio, this well-maintained triplex is a valuable opportunity in a thriving Philadelphia neighborhood.
Last checked:
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Last updated Feb 25, 2025
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MLS# PAPH2441770 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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Roof:Flat
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New Construction:No
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Construction Materials:Masonry, Brick
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Building Levels:3
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Building Units Total:3
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Structure Type:End of Row/Townhouse
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Architectural Style:Victorian
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Security Features:Smoke Detector
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished, Outside Entrance
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Total SqFt Source:Assessor
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Tax Total Finished SqFt:2655
Interior
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Interior Features:Bathroom - Tub Shower, Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Wood Floors
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Flooring Type:Ceramic Tile, Wood
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Fireplace:Yes
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Fireplaces:2
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Wall & Ceilings:9'+ Ceilings, Dry Wall, Brick
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2655
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Living Area SqFt:2,655 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
Location
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Directions:S 55th and Cedar Ave
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Latitude:39.95177078
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Longitude:-75.23234558
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot Size Dimensions:28.00 x 96.00
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Lot Dimensions Source:Assessor
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Lot SqFt:4,880 Sqft
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Exclusions:Tenants personal property
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Zoning:RSA5
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Other Structures:Above Grade
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Waterview: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:O50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 974-4423
- Office phone:
- (215) 395-6277
Taxes
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Tax ID Number:463187900
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Tax Year:2024
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Tax Lot:219
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Tax Annual Amount:$7,165
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Tax Assessed Value:$511,900
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Year Assessed:2025
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School Tax:4012.0
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City/Town Tax:3152.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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# of Units:1
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Two Bedroom Units:2
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Three Bedroom 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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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2/24/25
Feb 24, 2025
|
Listed / Active | BRIGHT | $459,000 |