New - 5 days on Rocket
$2,018 Closing Credit¹
Victoria A Mack, Listing Office: Keller Williams Main Line
$2,078
closing credit¹
1500 N 56th St Philadelphia, PA 19131
$175,000 List price
$2,078
Closing credit¹
1,860 sqft
0.04 acres
$94 / sqft
House
Property details
About 1500 N 56th St
Investment Opportunity! 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. Attached proposed floorplans for one layout option that was being considered with 2 residential rental units upstairs and a commercial store front on street level. 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 and a commercial space. 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
Home typeOther
HeatingBaseboard
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
Size1,860 sqft
BasementYes
Lot size0.04 Acres
Year built1925
ParkingOn Street
MLS #PAPH2425428
Summary
- MLS Number: PAPH2425428
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Office Email: pa.broker@exprealty.com
- Listing Agent: Theresa Kehler
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 5:16:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$175,000
1500 N 56th St
$2,078
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 27, 2006 | Home Sold | $48,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $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. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
69%
<35k
25%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
32%
Single, with Kids
12%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1500 N 56th St
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 $175,000.
In December 2024 more than 218 listings in Philadelphia, PA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 580 were sold below. The number of homes for sale in Philadelphia, PA decreased by 2.3% between November and December 2024. While the average time on the market in December 2024 was 49 days, the median list price was $267,873.
From Rocket Homes Real Estate and based on county public records data.