
1500 N 56th St Philadelphia, PA 19131
Carroll Park NeighborhoodEstimated payment $1,022/month
Highlights
- Straight Thru Architecture
- 2-minute walk to 56Th Street And Lansdowne Avenue
- Electric Baseboard Heater
- Corner Lot
- More Than Two Accessible Exits
- Back Yard
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,084
Year Built
- Built in 1925
Lot Details
- 1,550 Sq Ft Lot
- Lot Dimensions are 16.00 x 100.00
- Corner Lot
- Back Yard
Parking
- On-Street Parking
Home Design
- 1,860 Sq Ft Home
- Straight Thru Architecture
- Traditional Architecture
- Fixer Upper
- Masonry
Additional Features
- More Than Two Accessible Exits
- Electric Baseboard Heater
- Basement
Community Details
- 2 Units
- Carroll Park Subdivision
Listing and Financial Details
- Tax Lot 177
- Assessor Parcel Number 043268300
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,244 | $148,900 | $29,780 | $119,120 |
2024 | $1,244 | $148,900 | $29,780 | $119,120 |
2023 | $1,244 | $88,900 | $17,780 | $71,120 |
2022 | $1,244 | $88,900 | $17,780 | $71,120 |
2021 | $1,244 | $0 | $0 | $0 |
2020 | $1,244 | $0 | $0 | $0 |
2019 | $624 | $0 | $0 | $0 |
2018 | $581 | $0 | $0 | $0 |
2017 | $581 | $0 | $0 | $0 |
2016 | $581 | $0 | $0 | $0 |
2015 | $729 | $0 | $0 | $0 |
2014 | -- | $54,400 | $7,905 | $46,495 |
2012 | -- | $9,792 | $2,202 | $7,590 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/21/2025 04/21/25 | Price Changed | $155,000 | -11.4% | $83 / Sq Ft |
01/07/2025 01/07/25 | Price Changed | $175,000 | -2.8% | $94 / Sq Ft |
12/06/2024 12/06/24 | For Sale | $180,000 | -- | $97 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $93,804 | Prosperity Abstract | |
Deed | $48,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $156,600 | Construction | |
Previous Owner | $156,600 | Construction | |
Previous Owner | $103,500 | Purchase Money Mortgage |
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Source: Bright MLS
MLS Number: PAPH2425428

APN: 043268300
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