7 months on rocket

137 S 55th St, Philadelphia, PA, 19139

$159,500

Home List Price

$1,894*

Closing Credit

0 Baths
1,408 SqFt
$113/SqFt
Multi

Location

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137 S 55th St, Philadelphia$159,500

Buyer Closing Credits

$1,894*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1925
HeatingRadiant
CoolingNone
MLS #PAPH2343694
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 137 S 55th St

Calling all investors and builders! Unleash your creativity and transform this prime multi-family property nestled in the heart of Philadelphia's thriving University City neighborhood, one of the city's fastest-growing zip codes. Boasting coveted RM1 zoning and situated within an Opportunity Zone, the potential here is limitless. This property is a shell. Experience the buzz of rental demand from esteemed institutions like Drexel University, the University of Pennsylvania, and a vibrant community of young professionals. With an impressive Walker Score of 84, a Bike Score of 91, and just a 15-minute commute to Downtown Philadelphia, this location epitomizes urban convenience. Seize this golden opportunity to capitalize on the city's dynamic growth and create something extraordinary. Don't miss out on this chance to be part of Philadelphia's exciting future. All offers will be presented. Buyer will be responsible for all transfer taxes and U&O fees.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level
  • Year Built: 1925
  • Living Area: 1,408 SqFt

Listing Office:

  • Office Phone: (215) 921-9053
  • Listing Agent: Jason L Johnson

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,500
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $357
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

137 S 55th St vs Philadelphia

217 DAYS ON ROCKET

+173 Days

$159,500

-$102.3K Less

$113/SqFt

-$86 Less

KEY TAKEAWAY

This property is $102.3K less than the Median Sold Price and $86/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2343694

Listing Office:

  • Office Phone: (215) 921-9053
  • Listing Agent: Jason L Johnson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 07, 2018Home Sold
$20,000
Oct 01, 2008Home Sold
$55,500
May 31, 2006Home Sold
$82,500

Tax History

YEARPROP. TAXASSESSMENT
2020$357 -
2019$344$24,600
2018$358$25,600
2017$358$25,600

History based on county public records data.

Payment Calculator

$864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$545

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-514889
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 1.11 miles

  • Public Charter Grades KG-6

school-card-donut-514890
4
/10

  • West Philadelphia Achievement Ces

  • 6701 Callowhill St

  • 1.48 miles

  • Public Charter Grades KG-5

school-card-donut-514891
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.51 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,696. Residents of Philadelphia, PA typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19139›137 S 55th St

This home is located at 137 S 55th St in Philadelphia, PA and zip code 19139 in the Cobbs Creek neighborhood. This 1,408 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $159,500.

In October 2024, from all listings sold in Philadelphia, PA there were more than 252 sold above asking price, over 567 sold below and more than 237 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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