8 Photos

1617 N 56th Street
Philadelphia, PA 19131

$230,000 - Status: ACTIVE
Beds: 4
Baths: 2 full
SQFT: 1,752
MLS# PAPH2676070

INVESTORS, RENOVATION BUYERS & FUTURE OWNER-OCCUPANTS — BRING YOUR VISION TO LIFE! Discover the potential of this two-unit duplex at 1617 N. 56th Street! Whether you're looking to expand your investment portfolio or purchase a property to renovate and make your own, this duplex offers an opportunity to transform two separate apartments into something special. Each apartment features 2 bedrooms and 1 bathroom. The first-floor unit offers original hardwood flooring, some of which requires repair, ceiling fans, basement access, and a rear deck. The basement includes a half bathroom, an existing bar area, and a cedar closet for additional storage, offering additional possibilities for improvement. The second-floor unit features carpeting, ceiling fans, a newer toilet, and access to a rear balcony. The property requires updates, including flooring, appliances, and other improvements, making it an opportunity for buyers interested in renovation projects. Renovation financing options may be available to qualified buyers, subject to lender approval, property eligibility, and program requirements. RENTAL INCOME POTENTIAL: Based on comparable rental research in the surrounding area, the property may have the potential to generate approximately $3,000–$3,200 per month in combined gross rental income following suitable renovations. These figures are estimates only and are not an appraisal or guarantee of rental income. Actual rents will depend on completed improvements, property condition, market demand, and applicable requirements. Buyers should independently verify rental projections. ADDITIONAL PHOTOS: Please refer to MLS #PAPH2676284 for additional photos, including AI-generated renovation concepts illustrating the property's potential after improvements. These images are for illustrative purposes only and do not represent the property's current condition or completed renovations.

Property Features

MLS#: PAPH2676070
Zip: 19131
Subdivision: Overbrook
Development: Philadelphia
Property Type: Residential - Townhouse
Basement: Yes
Basement: Fully Finished
Cooling: Ceiling Fan(s)
Days on Site: 38
Fuel Type: Natural Gas
Heating: Radiator
Home Style: Traditional
Lot Size: 0.04 acres
Stories: 2.0
Taxes: $2,596
Year Built: 1920

Feature Descriptions

Additional Structures: Above Grade
Exterior: Brick
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 1752
SQFT Total Finished: 1752
Structure Type: Interior Row/Townhouse
Water: Public

Local Schools

High School: OVERBROOK
Elementary School: EDWARD HESTON
School District: THE SCHOOL DISTRICT OF PHILADELPHIA

1617 N 56th Street | MLS# PAPH2676070

This townhouse located at 1617 N 56th Street, Philadelphia, PA 19131 is currently listed for sale with an asking price of $230,000. This property was built in 1920 and has 4 bedrooms and 2 full baths with 1752 sq. ft. N 56th Street is located in the OVERBROOK subdivision within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search OVERBROOK real estate on spolguy.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Settle Down Philadelphia
Agency Phone: 2152533439

Shown By

Agent Name: Sandra Polguy
Agent Phone: (607) 857-2991
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Sandra Polguy (607) 857-2991 sandra@lewith-freeman.com

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Estimated Payment

$ 1,593.16 per month $1,309.74 Principal & Interest $216.33 Property Tax $67.08 Homeowner's Insurance

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