Selea Andrews - Coachman Properties Logo
$343,000
 $1,841 est/mo Sourced by Back At You

1604 S 56th St,PHILADELPHIA, PA 19143

PHILADELPHIA, PA 19143

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Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit)Cap: 5.78%9 UnitsPortfolio OverviewOpportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.Seller is willing to sell properties individually or as a portfolio. 1604 S 56th St:Asking Price$343,000Property TypeDuplexFinancial SummaryGross Annual Income:$31,800Annual NOI:Approximately $24,925Cap Rate:7.27%Highlights Stable duplex Strong rental location Existing cash flow Opportunity for future rent growthBuilding NotesSeller has not yet provided:Utility responsibilitiesRoof ageMechanical agesWater heater agesRecent renovationsBuilding systemsDeferred maintenance information

Details

MLS #PAPH2654808
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1920
Days On Site42
Listing Provided ByCapital Commercial Real Estate Group | Christopher A Yangello

Features

SQ Feet1,892
Units2
ZoningRSA5
Acreage0.03

Interior

CoolingNone
Heating Yes / NoYes
HeatingRadiator

Exterior

Construction MaterialsMasonry
Foundation DetailsStone

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3542

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19143
Area19143 (19143)
Community NameKINGSESSING
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in KINGSESSING)
Price:
$343,000
low | high
Med:
$175,000
98.979591836735% of Average
sqft:
1,892
low | high
Med:
1,235
84.725158562368% of Average
$ / sqft:
$181
low | high
Med:
$142
71.620443049014% of Average
On site:
42
low | high
Med:
16
100% of Average
Sourced by Back At You

Market Activity 19143

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19143
Area19143 (19143)
Community NameKINGSESSING
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in KINGSESSING)
Price:
$343,000
low | high
Med:
$175,000
98.979591836735% of Average
sqft:
1,892
low | high
Med:
1,235
84.725158562368% of Average
$ / sqft:
$181
low | high
Med:
$142
71.620443049014% of Average
On site:
42
low | high
Med:
16
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $257K - $428K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1612 S 56TH ST #A Property Photo 1
$1,660
1612 S 56th St #a
Philadelphia, PA 19143
1612 S 56TH ST #B Property Photo 1
$1,660
1612 S 56th St #b
Philadelphia, PA 19143
1406 S ALLISON ST Property Photo 1
$178,999
1406 S Allison St
Philadelphia, PA 19143
1406 S ALLISON ST Property Photo 1
$1,400
1406 S Allison St
Philadelphia, PA 19143
1424 S VOGDES ST Property Photo 1
$215,900
1424 S Vogdes St
Philadelphia, PA 19143
Listing Updated: September 22, 2026 at 12:04:16 PM PDT

Selea Andrews - Coachman Properties