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4 Beds
2 Baths
1,752 sqft

$230,000

1617 N 56TH STREET, PHILADELPHIA PA, 19131

Price per sqft$131.28
Built in1920
Property size1,752 sqft
Property typeTownhomes

Overview

Active

Active-bright

Listed Oct 1, 2026

Updated 3h ago

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.

$1,530/mo

Est. mortgage payment based on a $230,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2676070

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$2,597
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Settle Down Philadelphia
Listing Contact: 8568794144 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/29/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/29/2026 at 3:15 PM UTC

 

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