MLS: #PAPH2596626, Listed By: Karmen Fails, Common Ground Realtors, Source:Bright MLS
709 S 56th Street
PHILADELPHIA, PA 19143
4
Bed
0
Bath
1,862Sqft
0.03Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 4 -
Interior Features
Appliances: Gas Range, Gas Oven, Gas Water Heater, Refrigerator, Washer, Dryer -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Cooling: None
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Building Information
Year Built: 1920 Building Area Total: 1862 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 16.00 x 77.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1237
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Listing Price Information
Listing Price: $189900
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Tax Information
Parcel Number: 463213500 Tax Lot: 77 Tax Year: 2025 Annual Tax: $2599
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Parking Information
None
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Location Information
Direction: Use GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1327 S 49th Street, Philadelphia, PA, 19143 | $45,000 | -- | -- | 1,917 | 1,917 SqFt |
| 4630 Chester Avenue, Philadelphia, PA, 19143 | $585,000 | 6 | -- | 2,454 | 2,454 SqFt |
| 1726 S 53rd Street, Philadelphia, PA, 19143 | $294,900 | 3 | -- | 1,158 | 1,158 SqFt |
| 4725 Chester Avenue, Philadelphia, PA, 19143 | $5,999,999 | 26 | -- | 20,640 | 20,640 SqFt |
| 4921 Chester Avenue, Philadelphia, PA, 19143 | $1,195,000 | 7 | -- | 4,300 | 4,300 SqFt |
| 1414 S 52nd Street, Philadelphia, PA, 19143 | $205,000 | 4 | -- | 1,652 | 1,652 SqFt |
| 512 S 47th Street, Philadelphia, PA, 19143 | $750,000 | 6 | -- | 2,503 | 2,503 SqFt |
| 1309 S 52nd Street, Philadelphia, PA, 19143 | $1,250,000 | 10 | -- | 6,500 | 6,500 SqFt |
| 4733 Cedar Avenue, Philadelphia, PA, 19143 | $699,000 | 5 | -- | 2,875 | 2,875 SqFt |
| 828 S 49th Street, Philadelphia, PA, 19143 | $374,900 | 5 | -- | 3,240 | 3,240 SqFt |
Similar Multifamily To 709 S 56th Street
Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 20:00
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