# 709 S 56TH Street, Philadelphia, PA 19143

> **TL;DR:** residential multi family, $189,900 ($102/sqft), built 1920, 1,862 sqft. Est. $823/mo. Listed 73 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $189,900 |
| Price/sqft | $102 |
| Square Feet | 1,862 |
| Year Built | 1920 |
| Lot Size | 1,237 sqft (0.03 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 73 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Property Highlights

- Built in 1920
- 0.03 acre lot

## Description

### Agent Description
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 works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere. Being sold AS-IS. Priced to move. The seller is motivated and the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.

## Location

- **Address:** 709 S 56TH Street, Philadelphia, PA 19143
- **County:** PHILADELPHIA
- **Coordinates:** 39.94964981, -75.23497772
- **Google Maps:** https://www.google.com/maps?q=39.94964981,-75.23497772

## Listing Agent

- **Name:** Karmen N Fails
- **Brokerage:** Common Ground Realtors
- **Phone:** 2159876625
- **Email:** karmen@commongroundrealtors.com

## Primary Photo

![709 S 56TH Street - Primary Photo](http://lh.rdcpix.com/83bacf645fcaad16ab3d1babc394d938l-f715339500r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/709-s-56th-street-philadelphia-pa-19143-h2596626)*

---

**MLS#:** PAPH2596626 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/709-s-56th-street-philadelphia-pa-19143-h2596626)

---

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