| Kingessing | Duplex w/ Separate Meters in 19143 | 1608 S 56th St

4 Beds / 2 Baths • 1,892 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 4
  • 2
  • 1920
  • 1892
  • 1892
  • No Garage

Description

Investment opportunity in Kingsessing / 19143.

Video Walkthrough

Duplex (2 units, each 2 bed / 1 bath) totaling 1,892 sf. Separate electric and gas meters. RSA5. Built 1920. Condition is good but dated—straightforward value-add with cosmetic/mechanical updates to modern standards.

Starting Price- $125k | ARV- $290k

Comps:

  1. 5520 Florence Ave, Philadelphia, PA 19143- Sold for $284,500 on 12/12/25
  2. 1419 S 56th St, Phila, PA 19143- Sold for $310,000 on 09/30/2025
  3. 5501 Warrington Ave, Phila, PA 19143- Sold for $293,000 on 4/30/2025
  4. 1534 S 56th St, Phila, PA 19143- Sold for $290,000 on 04/30/2025

Occupancy & Access

  • One unit will be delivered vacant at closing.
  • Second unit may be a non-paying occupant/squatter; access is not guaranteed at this time.
  • Showings limited to the accessible unit only; appointment required (no lockbox).

Basics

  • Units: 2 Ă— (2 bed / 1 bath)
  • Building size: 1,892 sf
  • Zoning: RSA5
  • Meters: Separate electric and gas (water not specified)

Pricing & Terms

  • Starting Price: 125,000
  • EMD: 10,000
  • Buyer pays all transfer taxes and closing costs

Reach out to schedule an appointment for the accessible unit and to discuss next steps.

Estimated Spread

  • ARV $290,000
  • Price $125,000
  • Spread $165,000

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