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709 S 56th St
For Sale $189,900 ($101.99 per Sq Ft)
$189,900 ($101.99 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 1,862 Sq Ft
- 1,237 Sq Ft
Description
Investors - this is you don't want to miss! We've lowered the asking price on this cash-flowing Cobbs Creek duplex, and the numbers now exceed the 1% rule: collected rents represent 1% or more of the new sale price. That's day-one cash flow with room to grow.
Both two-bedroom units are tenant-occupied and producing income now — no lease-up period, no vacancy risk out of the gate. While your tenants pay down the asset, you plan your next move.
A rundown of the asset:
The first-floor unit sits on a full-footprint unfinished basement with walk-out access — a blank canvas for additional storage, utility space, or a future value-add play. The second-floor unit was kitchen-renovated last year and features a large covered porch and an oversized dining/kitchen layout that tenants love.
Location works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere.
Being sold AS-IS. Priced to move. The seller is motivated and the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $189,900 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 1,862 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 463213500 |
| MLS # | PAPH2596626 |
| Property ID | 322687033 |
| Lot Sqft | 1,237 |
| Zoning | RM1 |
| Total Units | 2 |
| Days on Market | 76 |
| Original List Price | Unknown |
| Applicances | Refrigerator,Oven/Range - Gas,Washer,Dryer% |
| Date Updated | May 01, 2026 |
| Date Created | March 19, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $23,100 | $0 |
Listing Provided By
Karmen N Fails an agent of . Lic #AB069739
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Data last updated: June 03, 2026.
Robert Crawford
REAL ESTATE AGENT