$ 343,000
-
$343,000
Price -
4
Bed -
0
Bath -
1,892
SqFt
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About the Listing CPTLCMRE - 3124496
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
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1892
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,542
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1604 S 56th St Philadelphia, PA 19143
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