Straight Thru, Traditional
1500 N 56TH STREET
PHILADELPHIA , PA 19131
MLS#: PAPH2425428
$155,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,860
Back on the market with a $20k price reduction!!!!!! Buyer had a change of heart. So this gives you a second chance! Your next investment Opportunity is here! Imagine the potential this property has to offer. Currently set up with a vacant commercial space on the first level and a spacious 4 bedroom, 1 bathroom bi-level residence on the second and third levels. Proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level are available. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS states the property is zoned RSA5. See zoning documents indicating this was approved as a 2 family residential dwelling with a commercial space below. This is the opportunity you have been waiting for. Don't miss this one! Schedule a showing today! The property is being offered in as-is condition. Buyer is responsible for City Resale Certificate and any CO requirements. Seller will not provide any Permits or a Certificate of Occupancy. Buyer is responsible for due diligence regarding zoning and taxes after the City tax reassessment, If you have any questions about the tax assessment, contact the City of Philadelphia. We are not involved in the City of Philadelphia’s tax reassessment and do not have any input or control in the results.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Corner Lot, Back Yard
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Architectural Style
Straight Thru, Traditional
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$155,000
-
Tax Amount
2084.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Theresa Kehler , TNT Real Estate Solutions, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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