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Street View
$364,900
Monthly Est:$1,816
-- Bed
-- Bath
2,226sqft
1627 N 56th Street, Philadelphia, PA 19131
$364,900
$1,816/moEst:
Get Pre-Approved
Townhouse
Built in 1915
$-- HOA
1,588 sqft lot
$164/sq.ft
Description
Income-Producing Triplex in Overbrook Park | Newly Renovated 2nd Floor Kitchen, Ready for Its Next Tenant
This three-unit property has three 2-bedroom apartments and a current rental license, and it's ready for an investor to step in and grow its income.
Current Rents:
2nd Floor (2BR): $1,700/month – recently vacated, newly renovated kitchen
1st Floor (2BR): $1,650/month – reliable PHA tenant
Lower Level (2BR): $1,450/month – reliable PHA tenant
Total: $4,800/month
Upside Potential:
All three units currently rent below the PHA payment standard. Current PHA standards show up to $2,010/month for a 2-bedroom, which could bring potential gross rent to about $6,030/month once the building is fully leased at updated rates. Increases for the PHA units are subject to PHA approval.
Features:
On-site laundry machines
Updated fire alarm system
Current rental license
Vacant 2nd floor ready to lease at market rate
Leases are available on request. The property is sold as-is, where-is. The seller will consider cash, hard money, and conventional financing. Inspections are for informational purposes only.
- Houzeo last checked: 1 minute ago
- Listing updated: October 6, 2026 at 2:46 am
- Listing Provided by: Kinny Peterkin (610) 930-8993 | Tesla Realty Group, LLC (844) 837-5274
- Source: Bright MLS-NJ | MLS#: PAPH2666240
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1915
HOA Fees
-
Finished Area
2,226 sqft
Lot Size
1,588 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2666240
MLS Status
ACTIVE-BRIGHT
Days on Market
21
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Window Unit(s)
Heating
Baseboard Electric
Sewer
Public Septic
Construction
Year Built
Year Built: 1915
Home type
Townhouse
Construction Materials
Masonry
Foundation Details
Brick/mortar
Architectural Style
Traditional
Utilities & Energy
Water Source
Public
Basement
Interior Access
Other Features
Subdivision Name
Overbrook Park
Price History
| Date | Event | Price |
|---|---|---|
10/06/2026 Source: | Price Increased | $364,900 +2.82% $164/sqft |
09/03/2026 Source: | Off Market | $354,900 $159/sqft |
09/03/2026 Source: | Listed for Sale | $354,900 $159/sqft |
09/02/2026 Source: | Coming Soon | $354,900 $159/sqft |
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