For Sale Townhome MLS# PAPH2678584

531 S 55TH ST

PHILADELPHIA, PA 19143

$443,425

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About 531 S 55TH ST

Fully renovated 4-bed, 3-bath Cobbs Creek rowhome with a chef's kitchen, a spa-style primary bath, and a finished walkout basement with in-law suite potential. The main level has new hardwood floors and an open layout. A center sliding glass door brings in natural light and opens onto a large, fully fenced backyard. The kitchen centers on an oversized island, with a designer backsplash, built-in wall oven, stainless appliances, and plenty of cabinet space. Upstairs, the primary suite is a true retreat. The bathroom has a freestanding soaking tub, an oversized glass-enclosed shower, imported tile, and modern fixtures. The middle bedroom's opening is set up for custom French doors on barn-door sliders, which are being made now. Since they aren't installed yet, the buyer can choose those doors, a standard door, or leave the opening open as an airy flex space. The finished walkout basement has a fourth bedroom and a full bath, with direct access to the backyard. It works well for guests, extended family, a home office, or a gym. The seller will provide additional egress to the basement for independent access, along with a custom basement kitchenette. Alternatively, the seller may consider engaging the process for a two-family dwelling. Buyers are encouraged to make an offer and inquire. Buyers should check zoning and permit requirements themselves. The location is close to University City, Penn, the major hospitals, and Center City, and a short walk to Cobbs Creek Park and its trails. Baltimore Avenue's restaurants, Clark Park, and SEPTA are all nearby. It's move-in ready, with about 2,412 finished sq ft. Seller is offering creative financing, including seller financing and a lease-purchase option, and will consider seller concessions. A 10-year tax abatement has been applied for (approval pending). Buyer grants may be available; buyers should inquire about grant eligibility. Seller is a licensed real estate professional. Note: Some listing photos are virtually staged or AI-generated renderings, including renderings of a proposed optional basement entrance; they are for illustration only and do not show current conditions. Inquire with seller regarding this optional secondary basement access.

Property details

Property

Type
Interior Row/Townhouse
MLS type
Townhouse
Status
Active
Year built
1925
Stories
2
Living area
2,412 sqft
Price / sqft
$184
Lot
0.04
Full baths
3
Original price
$443,425
MLS #
PAPH2678584

Interior

Features
Central A/C, true, Hot Water, Natural Gas, Fully finished
Heating
true, Hot Water
Cooling
Central A/C

Exterior & lot

Features
Colonial, Above Grade
Construction
Masonry, 2, Block, Brick/Mortar
Foundation
Block, Brick/Mortar
Lot
RSA5, 463187600

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$3,262
Tax year
2026
Parcel
463187600

Location

Subdivision
COBBS CREEK
Area
19143 (19143)
County
PHILADELPHIA-PA
Neighborhood
Cobbs Creek
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
South on 55th from Market

Location

Neighborhood
Cobbs Creek
Subdivision
COBBS CREEK
School district
Philadelphia City School District

Ask about this property

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Listed by Julian V Hinson, Ergo Real Estate Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.