USAPAPhiladelphiaCobbs Creek709 S 56Th St
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$189,900

For Sale

3 months ago

709 S 56Th St, Philadelphia, PA

House

MLS® PAPH2596626

0 Bed

0 Bath

1862 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1862 sqft
Garage 
Taxes $2,599
Days Active 97
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $101
MLS® Number PAPH2596626

Property Address: 709 S 56th St, PHILADELPHIA, PA, 19143-2507

Average square foot calculated using Size range provided by listing agent.

Description

Investors - this is you don't want to miss! We've lowered the asking price on this cash-flowing Cobbs Creek duplex, and the numbers now exceed the 1% rule: collected rents represent 1% or more of the new sale price. That's day-one cash flow with room to grow. Both two-bedroom units are tenant-occupied and producing income now — no lease-up period, no vacancy risk out of the gate. While your tenants pay down the asset, you plan your next move. A rundown of the asset: The first-floor unit sits on a full-footprint unfinished basement with walk-out access — a blank canvas for additional storage, utility space, or a future value-add play. The second-floor unit was kitchen-renovated last year and features a large covered porch and an oversized dining/kitchen layout that tenants love. Location works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere. Being sold AS-IS. Priced to move. The seller is motivated and the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.
MLS® NumberPAPH2596626
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayNone
Garage Spaces
HeatRadiator, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$189,900List Price
  • Commute

Commute

Starting Address
Destination Address
709 S 56Th St, Philadelphia, PA

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