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$140,000

Beds
5
Baths
1.0
sq ft
1,596

1665 N 56th St, Philadelphia, PA 19131

1665 N 56th St

Philadelphia, PA 19131

  • 137 days on market
    • Price drop $7,850↓
Attention Investors! Rehab opportunity with approved permits. This 5 bedroom property has already begun its rehab process. The beam in the basement has been repaired. Additionally, the home was already demoed, including wall preparation for exposed brick treatment, electrical panel upgrades (with a 100 Amp Box installed), as well as pressure washing and debris removal. It is worth noting that the property holds has undergone a structural engineer inspection that can be provided. Property being sold in AS-IS condition.

Details

Property type

Townhouse

Est. home value

$159,362

Lot size

1,638 sq ft

Price per sq ft

$88

Year built

1915

Annual property taxes

$940

Price History

05/10/2024
BrightMLS

BrightMLS #PAPH2313642

Price change
$140,000
-5.31%
04/01/2024
BrightMLS

BrightMLS #PAPH2313642

Price change
$147,850
-10.39%
02/26/2024
BrightMLS

BrightMLS #PAPH2313642

Price change
$165,000
-2.65%

Schools & Community

Neighborhood: 

Overbrook

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Els Holdings Llc

Loan start date

April 2023

Original loan amount

$158,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Building or Construction Loan, 2 year

Seller

L&A Financial And Insurance Svcs Corp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/02/2024 at 4:10 PM

Listing updated: 05/18/2024 at 6:34 AM

Listed by: Gaurav Gambhir, KW Empower Phone #: (215) 627-3500

MLS: BrightMLS #PAPH2313642

BrightMLS logo

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