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4500 N Carlisle Street

PHILADELPHIA, PA 19140
  • $344,995
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: PAPH2345196
Price Reduced
UPDATED: 112 min ago
$344,995
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

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 eachOne unit boasting 3 bedrooms and 1 bathroomSecond-floor unit includes washer and dryer for added convenienceAll units equipped with central air for year-round comfortElectric range and microwave provided in each unit for hassle-free cookingSpacious rooms with ample closet space ensuring tenant satisfactionProperty Features:Recent renovations in 2022 guarantee modern amenities and peace of mindUpdated electrical and plumbing systems with all permits securedLegally designated as a duplex with the potential to function as a triplexBasement unit offers independent access, enhancing tenant privacyElectric water heater in basement unit for efficient energy usageFinancial Highlights:Taxes totaling less than $3,000 per year, minimizing overhead costsImpressive cap rate exceeding 11%, ensuring robust returns on investmentRental income exceeding $43,000 annually, providing a steady cash flowTenants responsible for utilities such as water and electricity, reducing landlord expensesLandlord only responsible for yearly real estate taxes and casualty/fire insuranceInvestment Benefits:FHA approval makes financing accessible with only a 5% down payment requirementPerfect opportunity for investors seeking a substantial return on investmentLow maintenance property with tenants covering most expensesPrime location ensures consistent tenant demand and high occupancy ratesDon'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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. 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. Data last updated: 2024-06-21T08:55:38.417.
www.soldbybroc.com/homes/149430104
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4500 N Carlisle Street PHILADELPHIA, PA 19140

  • Price: $344,995
  • Status: Active
  • On Site: 62 Days
  • Updated: 112 min ago
  • ID#: PAPH2345196
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,536
SQFT
$225
$/SQFT
1940
Built
Neighborhood:
Philadelphia (North)
County:
Philadelphia
Area:
19140 (19140)
School District:
Philadelphia City
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 eachOne unit boasting 3 bedrooms and 1 bathroomSecond-floor unit includes washer and dryer for added convenienceAll units equipped with central air for year-round comfortElectric range and microwave provided in each unit for hassle-free cookingSpacious rooms with ample closet space ensuring tenant satisfactionProperty Features:Recent renovations in 2022 guarantee modern amenities and peace of mindUpdated electrical and plumbing systems with all permits securedLegally designated as a duplex with the potential to function as a triplexBasement unit offers independent access, enhancing tenant privacyElectric water heater in basement unit for efficient energy usageFinancial Highlights:Taxes totaling less than $3,000 per year, minimizing overhead costsImpressive cap rate exceeding 11%, ensuring robust returns on investmentRental income exceeding $43,000 annually, providing a steady cash flowTenants responsible for utilities such as water and electricity, reducing landlord expensesLandlord only responsible for yearly real estate taxes and casualty/fire insuranceInvestment Benefits:FHA approval makes financing accessible with only a 5% down payment requirementPerfect opportunity for investors seeking a substantial return on investmentLow maintenance property with tenants covering most expensesPrime location ensures consistent tenant demand and high occupancy ratesDon'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.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1536 Appliances Dryer - ElectricMicrowaveOven/Range - Electric Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tenants Belongings Fireplace YN No Heating Central Heating YN Yes Interior Features Floor Plan - Open Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Acceptable Financing ConventionalFHAVAUSDACash Accessibility Features None Central Air YN Yes Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Electric Maintenance Expense 1500.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 40000.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 2 Number Of Units Vacant 1 Operating Expense 2500.00 Operating Expense Includes Trash Original MLSNumber 803006865594 Owner Pays Taxes - Real Estate Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Septic Structure Design Type End of Row/Townhouse Tax Annual Amount 2442.00 Tax Lot 210 Total Actual Rent 43200.00 Vacation Rental YN No Water Source Public Zoning RSA3

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. 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. Data last updated: 2024-06-21T08:55:38.417.
 
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