1500 North 56th Street

Philadelphia, PA 19131

$180,000
Price
4
Beds
1
Bath
1,860 Sq. Ft.
$97 / Sq. Ft.
1,860
Sq. Ft.
$97
per Sq. Ft.

Description

Investment Opportunity! 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. Attached proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS...Investment Opportunity! 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. Attached proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level. 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 and a commercial space. 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.
  1. Listed by Theresa Kehler • EXP Realty, LLC
    P: (215)-605-9647 theresa.kehler@exprealty.com

Property Details for 1500 North 56th Street

Tax ID Number
043268300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru, Traditional
Waterfront
No
Garage
No
Expected On Market Date
12-06-2024
Subdivision
CARROLL PARK
LISTING UPDATED: 12/07/2024 09:48 AM

Property Details for 1500 North 56th Street

StatusActive
MLS #PAPH2425428
Days on Market25
Taxes$2,084 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.04 AC / 1,550 SF
CountyPhiladelphia County

Building Information for 1500 North 56th Street

Stories-Residences2Year Built1925Building Size-Lot Size0.04 AC / 1,550 SF

Property Information for 1500 North 56th Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19131 (19131)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $88,900
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $71,120
  • City Town Tax: $547
  • Land Assessed Value: $17,780
  • Clean Green Assessed: No
  • Land Use Code: O30
  • Agricultural Tax Due: No
  • Zoning: RSA5
  • Tax Lot: 177
  • School Tax: $696
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Half Baths Count: 1
  • Unit Type Features: 1st Floor Commercial space with a half bath.
  • Total Rooms: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Beds Total: 4
  • Full Baths Count: 1
  • Unit Type Features: A bi-level, 4 bed, 1 full bath dwelling.
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,860.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Rear Yard
  • Location Type: Corner Lot/Unit
  • Parcel ID: 904510
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Other
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 1500 North 56th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 North 56th Street

Taxable ValueLand$29,780Additions$119,120Total$148,900
Tax Record2024$2,084 ($174 / month)
Home Facts
Beds4Total Finished SqFt1,860 SqFtAbove Grade Finished SqFt1,860 SqFtStories2Lot Size1,550 SqFtStyleCondominiumYear Built1925ZoningRSA5CountyPHILADELPHIAAPN04-3-2683-00

Schools near 1500 North 56th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - 5 to 12
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Overbrook High School
Public9 to 12

Overbrook Edu Center
PublicK to 8

Parkway West
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1500 North 56th Street is a multi-family home for sale in Philadelphia, PA 19131. This property was listed for sale on December 6, 2024 by EXP Realty, LLC, it's currently listed at $180,000. It has been on the market for a total of 25 days and was last sold on August 13, 2021. This listing's school district is The School District of Philadelphia. Nearby schools include The Science Leadership Academy At Beeber, Overbrook High School and Overbrook Edu Center. 1500 North 56th Street is a 4-bed, 1-bath, 1,860 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.