Price Reduction
Address
4500 N Carlisle Street, Philadelphia, PA
Price
$ 349,995
Property Attributes
- MLS#PAPH2345196
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19140
- NeighborhoodPhiladelphia
- Zip19140
- StyleStraight Thru
- Year Built1940
- Taxes$ 2442
- Price$ 349,995
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Welcome to your next investment opportunity! This immaculate property offers the perfect blend of comfort, convenience, and profitability. Located in a desirable neighborhood, this triplex presents a lucrative chance for investors seeking high returns with minimal hassle. Unit Configuration: Two units featuring 2 bedrooms and 1 bathroom each One unit boasting 3 bedrooms and 1 bathroom Second-floor unit includes washer and dryer for added convenience All units equipped with central air for year-round comfort Electric range and microwave provided in each unit for hassle-free cooking Spacious rooms with ample closet space ensuring tenant satisfaction Property Features: Recent renovations in 2022 guarantee modern amenities and peace of mind Updated electrical and plumbing systems with all permits secured Legally designated as a duplex with the potential to function as a triplex Basement unit offers independent access, enhancing tenant privacy Electric water heater in basement unit for efficient energy usage Financial Highlights: Taxes totaling less than $3,000 per year, minimizing overhead costs Impressive cap rate exceeding 11%, ensuring robust returns on investment Rental income exceeding $43,000 annually, providing a steady cash flow Tenants responsible for utilities such as water and electricity, reducing landlord expenses Landlord only responsible for yearly real estate taxes and casualty/fire insurance Investment Benefits: FHA approval makes financing accessible with only a 5% down payment requirement Perfect opportunity for investors seeking a substantial return on investment Low maintenance property with tenants covering most expenses Prime location ensures consistent tenant demand and high occupancy rates Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or a first-time buyer, this property promises to deliver exceptional returns and long-term value. Schedule a viewing today and secure your financial future with this lucrative investment.
| Price History | |
|---|---|
| 4/19/2024 | Listed $349,999 |
| 5/14/2024 | 1% - $349,995 |
General Features
| Interior Features | Floor Plan - Open |
|---|---|
| Sewer | Public Septic |
| Heating | Central |
| Cooling | Central A/C |
| Possession | Immediate |
| Appliances | Dryer - Electric,Microwave,Oven/Range - Electric |
| Zoning | RSA3 |
| Architectural Style | Straight Thru |
| Construction Materials | Masonry |
| Exclusions | Tenants Belongings |
| Year Built | 1940 |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Taxes - Real Estate |
| Accessibility | None |
| County | PHILADELPHIA |
| Net Operating Income | 40000.00 |
| Operating Expense | 2500.00 |
| New Construction | No |
| Property Type | Multi-Family |
| MaintenanceExpense | 1500.00 |
| Subdivision Name | PHILADELPHIA (NORTH) |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | East on Wingohoking and left on Carlisle |
| ModificationTimestamp | 2024-05-18T07:26:44 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 1.5 |
| Total Units | 2 |
| MLS Area | 19140 (19140) |
| Lot Size Square Feet | 1312.00 |
| Tax Assessed Value | 174500.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | CARLISLE |
| Tax Annual Amount | 2442.0 |
| Two Bedroom | 2 |
| Structure Type | End of Row/Townhouse |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft Total | 227.86 |
| Acceptable Financing | Conventional,FHA,VA,USDA,Cash |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 1536 |
| Days on Market | 30 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 210 |
| Total Actual Rent | 43200.00 |
| Cap Rate | 11.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | N30 |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 16.00 x 82.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 34900.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19140
Price
Taxes
Visits
Year Built
Copyright© 2024 REIN Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network Inc.(REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
All MLS listings are © 2024 Central Virginia Regional Multiple Listing Service, LLC. All
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Allison James Estates and Homes - Virginia does
© BRIGHT, All Rights Reserved
All or a portion of the multiple listing information is provided by the Williamsburg Multiple Listing Service, LLC, from a copyrighted compilation of listings. All WMLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
All MLS listings are © 2024 Williamsburg Multiple Listing Service, LLC. All rights reserved. No one may copy and/or repost these MLS listings, or any portion thereof, without the written permission of an authorized officer of the Williamsburg Multiple Listing Service, LLC.
All listings with the WMLS logo are provided courtesy of the IDX program.
Last Updated: May 19, 2024 12:01 AM UTC
