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709 S 56th St photo 1
for sale
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$189,900

0beds
|
0baths
|
1,862sqft
|
1920built
709 S 56th St,Philadelphia, PA 19143

Est.$1,249/moCustomize payment

What's special

$102/sqft

Price per square foot

Built in 1920

106 years old

Overview

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, u...

Listing updated: May 2, 2026 at 1:51 PM

Listed by:

Karmen N Fails 215-987-6625, Common Ground Realtors

Source: Bright MLS · MLS #PAPH2596626Bright MLS

Property details

Cost estimate

Est. monthly payment

$1,275/mo
Principal & interest
$995
Property tax
$217
Home insurance (est.)
$63

Down payment

$37,98020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($37,980), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
May 1, 2026Price reduced$189,900($5,100)
Mar 20, 2026Listed for sale$195,000

Location

709 S 56th St, Philadelphia, PA 19143

Nearby homes

$189,900

0 beds · 0 baths · 1,862 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 6/14/2026.