Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity 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 $343,000 Property Type Duplex Financial Summary Gross Annual Income: $31,800 Annual NOI: Approximately $24,925 Cap Rate: 7.27% Highlights • Stable duplex • Strong rental location • Existing cash flow • Opportunity for future rent growth Building Notes Seller has not yet provided: Utility responsibilities Roof age Mechanical ages Water heater ages Recent renovations Building systems Deferred maintenance information
1604 S 56th Street | MLS# PAPH2654808
This multi-family property located at 1604 S 56th Street, Philadelphia, PA 19143 is currently listed for sale with an asking price of $343,000. S 56th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on haliegleason.homesale.com today.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2026. The listing information on this page last changed on 09/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/04/2026 12:00:08 AM EST) or Bright MLS (last updated Thu 09/03/2026 11:49:37 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. Privacy Policy / DMCA Notice / ADA Accessibility
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
James J Hafer - West Virginia Broker of Record
1604 S 56th Street | MLS# PAPH2654808
This multi-family property located at 1604 S 56th Street, Philadelphia, PA 19143 is currently listed for sale with an asking price of $343,000. S 56th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on haliegleason.homesale.com today.