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1500 N 56TH STREET


Active MLS #1004403505
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Built in 1925
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Lot: 0 acre
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Single Family Attached


Active MLS #1004403505

1500 N 56TH STREET What could be Better than an Investment Property? With BOTH Units already paying YOU Rent, THIS ONE is Better - because YOU will collect Rent IMMEDIATELY!! 1500 N. 56th Street in Carroll Park is calling YOU!! Would you look at that amazing Cap Rate!? This is a RARE End-Unit with separate entrances for upper and lower levels, a large Rear Yard, and FOUR Bedrooms upstairs! INCOME Producing, Separate Utilities, HUGE Interior Space - Rental Income can be YOURS from Day One!! ~ ~ This is a Short Sale. Your agent will give you the required Short Sale "MYC Associated Documents" that are in the MLS, which will be attached with your offer. There is a 1.5% Loss Mitigation Fee paid by the Buyer; $2,500 Minimum. See Associated Documents. Also, all offers and documents must be signed in pen, no electronic signatures will be accepted. ~ ~1500 56th has Multi-Unit Possibilities - Barber or Beauty Shop, Nailery, or Office on the First Floor, with a WHOLE HOUSE on TOP! CAP Rate of over 13 - you don't see that too often! Longtime Tenant would Love to Stay and Pay YOU - the New Landlord! - Who doesn't like THAT!? Get into the Real Estate Game, OR Build Your Portfolio! What are you waiting for!? Call NOW for your appointment!!

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Property Features

  • Facts
  • Built in: 1925
  • Lot Size: 0.04 acre
  • Property Type: MultiFamily
  • Property Sub-type: Single Family Attached
  • Features
  • Exterior Finish: Brick
  • Roof Type: Unknown
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement
Listing Changed: 10/15/2018 3:09:39 AM GMT
Source Updated Date: 10/17/2018 4:29:45 AM GMT

Courtesy of: Mark Turner, Century 21 Advantage Gold-South Philadelphia

Listing Source - ListHub

Copyright © 2018 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.