#PAPH2438084, David M Sweeney, Listing Office: USRealty.com LLP
$5,451
closing credit¹
537 S 55th St Philadelphia, PA 19143
Property details
About 537 S 55th St
This fully leased triplex presents an excellent investment opportunity in a prime location. Thoughtfully designed to maximize space and functionality, the building consists of three well-laid-out units, each offering comfortable and modern living. Two of the units feature two bedrooms and one bathroom, while the third is a spacious bilevel unit spanning the second and third floors with four bedrooms and two bathrooms. With all units currently leased, this property provides immediate rental income and strong investment potential. Each unit is designed with durability and style in mind, featuring commercial-grade laminate flooring, tiled kitchens and bathrooms, and central air and heating systems for year-round comfort. Large windows in every unit allow for abundant natural light, while high ceilings contribute to an open and airy feel throughout the building. The thoughtful layout ensures that each space feels spacious and inviting. Additionally, a private driveway provides the convenience of off-street parking, a rare amenity in this part of the city. Perfectly situated in a vibrant and growing neighborhood, this property offers excellent access to public transit, parks, and local conveniences. Baltimore Avenue, just a short walk away, is home to a variety of popular restaurants, cafés, and shops, making it a lively hub for residents. Clark Park, a beloved green space known for its farmers’ markets and community events, is also nearby, providing a perfect outdoor escape. The area’s strong sense of community, along with its accessibility and amenities, makes it highly desirable for renters. Whether you're a seasoned investor or looking to expand your portfolio, this well-maintained triplex is a valuable opportunity in a thriving Philadelphia neighborhood.
Highlights
(COMING SOON)
Summary
- MLS Number: PAPH2441770
- MLS Name: BRIGHT
- Office Name: Opus Elite Real Estate
- Office Phone: (215) 395-6277
- Office Email: info@opuselitere.com
- Listing Agent: Anthony R Castaneda
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Last updated on: 2/5/2025, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$459,000
537 S 55th St
$5,451
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 20, 2019 | Home Sold | $369,000 |
Apr 30, 2014 | Home Sold | $40,000 |
Sep 21, 2012 | Home Sold | $19,100 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $319,500 | $4,472 |
2022 | $319,500 | $925 |
2021 | $- | $925 |
2020 | $66,100 | $925 |
2019 | $63,700 | $891 |
2018 | $61,200 | $856 |
2017 | $61,200 | $856 |
History based on county public records data.
Nearby schools
3
Stonehurst Hills Elementary School
Public District KG-5
1.4 mi
•7051 Ruskin Ln
6
W B Evans Magnet School
Public Magnet KG-6
1.5 mi
•900 Baily Rd
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.5 mi
•5801 Media St
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 $41,481. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 537 S 55th St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 2,655 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $459,000.
Philadelphia, PA housing market in January 2025 saw over 152 listings sold above listed price, more than 186 sold at listed price and over 457 sold below. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $266,945.