#PAPH2473300, Moshe Adika, Listing office: TCS Management, LLC
1500 N 56th St Philadelphia, PA 19131
Property details
About 1500 N 56th St
Back on the market with a $20k price reduction!!!!!! Buyer had a change of heart. So this gives you a second chance! Your next investment Opportunity is here! Imagine the potential this property has to offer. Currently set up with a vacant commercial space on the first level and a spacious 4 bedroom, 1 bathroom bi-level residence on the second and third levels. Proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level are available. A rehab opportunity with amazing potential as a fix and flip or rent and hold. Utilities are separated. ATLAS states the property is zoned RSA5. See zoning documents indicating this was approved as a 2 family residential dwelling with a commercial space below. This is the opportunity you have been waiting for. Don't miss this one! Schedule a showing today! The property is being offered in as-is condition. Buyer is responsible for City Resale Certificate and any CO requirements. Seller will not provide any Permits or a Certificate of Occupancy. Buyer is responsible for due diligence regarding zoning and taxes after the City tax reassessment, If you have any questions about the tax assessment, contact the City of Philadelphia. We are not involved in the City of Philadelphia’s tax reassessment and do not have any input or control in the results.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Parking: On Street
- Architectural Style: Straight Thru, Traditional
- Heating: Baseboard
- Cooling: None
- List Price: $155,000
- Price/SqFt: $83
- Annual Tax Amount: $1,244
- Tax Year: 2023
- Lot: Corner Lot, Back Yard
- Directions: 56th and Media
- Year Built: 1925
- Living Area: 1,860 SqFt
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2425428
- MLS Name: BRIGHT
- Office Name: TNT Real Estate Solutions, LLC
- Office Phone: (215) 821-8836
- Listing Agent: Theresa Kehler
- Agent Phone: (215) 605-9647
- Agent Email: theresa.kehler@gmail.com
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Last updated on: 6/28/2025, 12:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$155,000
1500 N 56th St
$1,841
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 18, 2021 | Home Sold | $93,804 |
Jun 27, 2006 | Home Sold | $48,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $88,900 | $1,244 |
2022 | $88,900 | $1,244 |
2021 | $- | $1,244 |
2020 | $88,900 | $1,244 |
2019 | $44,600 | $624 |
2018 | $41,500 | $580 |
2017 | $41,500 | $580 |
History based on county public records data.
Nearby schools
3
Universal Institute Charter School at Bluford
Public Charter KG-6
0.2 mi
•5801 Media St
3
Mastery Charter School Mann Elementary
Public Charter KG-6
0.7 mi
•5376 W Berks St
3
Inquiry Charter School
Public Charter PK-5
1.1 mi
•1301 Belmont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,250. Typical income of Philadelphia, PA residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 1500 N 56th St
The listing price of 1500 N 56th St property is $155,000.
The property 1500 N 56th St is a house located in Philadelphia, Pennsylvania, 19131.
Active Listing: 1500 N 56th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1500 N 56th St are: Universal Institute Charter School at Bluford (GreatSchools Rating 3/10), Mastery Charter School Mann Elementary (GreatSchools Rating 3/10), Inquiry Charter School (GreatSchools Rating 3/10), Edward Heston Elementary School (GreatSchools Rating 2/10), Kipp West Philadelphia Charter School (GreatSchools Rating 5/10), Overbrook Elementary School (GreatSchools Rating 3/10), Mastery Charter School -Shoemaker Campus (GreatSchools Rating 3/10), Overbrook High School (GreatSchools Rating 2/10), Kipp Dubois Charter School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,244 (source: MLS/based on county public records data).
The last sale was on December 18, 2021 for $93,804 (source: MLS/tax record).
The property at 1500 N 56th St has 0 bathroom.
The property 1500 N 56th St is 1,860 SqFt (source: MLS/tax record).
The year of construction for 1500 N 56th St is 1925.
This home is located at 1500 N 56th St in Philadelphia, PA and zip code 19131 in the Carroll Park neighborhood. This 1,860 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $155,000.
Between April and May 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 40.9%. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.