$310,000

Estimated payment $1,846/month

Total Views 844
-- Bed
-- Bath
1,110 Sq Ft
$279 Price per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen
  • Straight Thru Architecture
  • Upgraded Countertops
  • <<tubWithShowerToken>>

About This Home

Welcome to 1315 S. 56th Street, a legal, turn-key renovated triplex that’s perfect for investors or house hackers looking for immediate income potential and long-term value! The first floor unit, currently rented for $1,123, is a stylish one-bedroom apartment featuring a modern updated kitchen, a cozy living/dining area leading to an updated bathroom and a spacious bedroom. The second floor unit is a one-bedroom apartment boasting an updated kitchen and bathroom, hardwood flooring and recessed lighting. Spacious bedroom with ample closet space.The basement unit, currently vacant, is a beautifully updated one-bedroom apartment featuring newer flooring, a modern kitchen, a cozy living area, and a stylish renovated bathroom.
Each unit has separate heat, hot water, and utilities, making management effortless. Plus, the seller provides a trusted list of maintenance contacts, ensuring a smooth ownership experience. Whether you're looking to live in one unit and rent out the others or expand your rental portfolio, this cash-flowing property is the perfect addition to your investment strategy. Don’t wait—opportunities like this don’t last! Schedule your tour today and start building wealth with real estate!

Listing Agent

Michelle Phillips

Luxe Real Estate LLC License #RB0031247 Listed on: 07/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1925

Lot Details

  • 1,238 Sq Ft Lot
  • Lot Dimensions are 15.00 x 83.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Masonry

Interior Spaces

  • 1,110 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • <<builtInMicrowave>>
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • <<tubWithShowerToken>>

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 513137600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,538

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal belongings
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Welcome to 1315 S. 56th Street, a legal, turn-key renovated triplex that’s perfect for investors or house hackers looking for immediate income potential and long-term value! The first floor unit, currently rented for $1,123, is a stylish one-bedroom apartment featuring a modern updated kitchen, a cozy living/dining area leading to an updated bathroom and a spacious bedroom. The second floor unit is a one-bedroom apartment boasting an updated kitchen and bathroom, hardwood flooring and recessed lighting. Spacious bedroom with ample closet space.The basement unit, currently vacant, is a beautifully updated one-bedroom apartment featuring newer flooring, a modern kitchen, a cozy living area, and a stylish renovated bathroom. Each unit has separate heat, hot water, and utilities, making management effortless. Plus, the seller provides a trusted list of maintenance contacts, ensuring a smooth ownership experience. Whether you're looking to live in one unit and rent out the others or expand your rental portfolio, this cash-flowing property is the perfect addition to your investment strategy. Don’t wait—opportunities like this don’t last! Schedule your tour today and start building wealth with real estate!
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Stove
  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Upgraded Countertops
  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 279.28
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1315

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1238.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 861.00
  • Tax Annual Amount: 1538.00
  • Assessor Parcel Number: 513137600
  • Tax Lot: 218
  • Tax Total Finished Sq Ft: 1110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $900 $109,900 $21,980 $87,920
2024 $900 $109,900 $21,980 $87,920
2023 $900 $64,300 $12,800 $51,500
2022 $900 $64,300 $12,800 $51,500
2021 $789 $0 $0 $0
2020 $789 $0 $0 $0
2019 $729 $0 $0 $0
2018 $742 $0 $0 $0
2017 $742 $0 $0 $0
2016 $742 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $46,300 $6,188 $40,112
2012 -- $7,360 $1,736 $5,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $310,000 -- $279 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $40,000 Quality Abstract Services In
Deed -- None Available
Deed $34,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Closed $392,000 Commercial
Closed $202,750 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2481530

Bright MLS

APN: 513137600