$396,300 Price Analysis    ♡   Philadelphia, PA 19121 6 bed 3 bath 2,116 SqFt ($187/SqFt) 1,233SqFt lot. Built 1915 Listed 2024-05-02, Taxes $5,019 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
Pristine price!
* Sale Pending *Fully rented through July 31, 2025, producing $3600/mo, $43, 200 annually. 8% CAP rate. This impressive building which is a 2 min walk from Temple University Main Campus, situated on one of the most desirable among students' 20th block of Carlisle St. is available for its new investor! The location is the main advantage of this property. It has a remarkable potential for appreciation due to its position between Norris and Diamond streets, a short walk to a major university, public transportation, Pizzerias, 7/11, Rite Aid and more. It is a easy property to fill with tenants and often they stay there for 2+ years. It is rented through July 2025 bringing in annually $43, 200. Tenants pay for all utilities and have a good record of paying rent. The property has been properly maintained by the landlord and it will require minimum effort by the new owner to keep the business going. The new owner can update the property with a new kitchen, floors and fixtures with the potential of raising rents to $4200, $50, 400 annually ($700/room) which is reasonable for the area and the layout. Or you can park the money, get a exceptional return, approximation and enjoy the easy management!
SPINS zoning which is rare and allows many uses for the building. See the zoning guide for more details. The property has a backyard, unfinished basement, central AC & Heating, washer and dryer in the unit. Large living space with original and pleasing hardwood floors. Electrc stove, dishwasher in the kitchen, bathroom and a bedroom on t he first floor. Second floor has 2 bathrooms and 3 rooms. 3rd floor has 2 bedrooms. More than 2000 square feet! Inquire about showings and virtual tours!
Presented by Matin Haghkar at
RE MAX Plus.
Property MLS #PAPH2349758 from BrightMLS
Full Bathrooms: 3
Washer
Washer/Dryer Stacked
Stove
Refrigerator
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 1233
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsAnnual Tax Amount: 5019.0
Source Listing Status: Pending
County: PHILADELPHIA
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: PHILADELPHIA
Property Subtype: townhouse
Source Neighborhood: TEMPLE UNIVERSITY
Postal Code Plus 4: 2306
Subdivision: TEMPLE UNIVERSITY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $286,880 + $71,720 $358,600 | $5,019 |
| 2022 | $235,655 + $47,245 $282,900 | $3,960 |
| 2021 | $235,655 + $47,245 $282,900 | $3,960 |
| 2020 | $235,655 + $47,245 $282,900 | $3,960 |
| 2019 | $227,825 + $45,675 $273,500 | $3,828 |
| 2018 | $137,195 + $27,505 $164,700 | $2,305 |
| 2017 | $137,195 + $27,505 $164,700 | $2,305 |
| 2016 | $154,543 + $10,157 $164,700 | $2,305 |
| 2015 | $148,843 + $10,157 $159,000 | $2,130 |
| 2014 | $148,843 + $10,157 $159,000 | $2,130 |
| 2013 | $2,977 + $991 $3,968 | $387 |
| 2012 | $2,977 + $991 $3,968 | $374 |
| 2011 | $2,977 + $991 $3,968 | $360 |
| 2010 | $2,977 + $991 $3,968 | $327 |
| 2009 | $2,977 + $991 $3,968 | $327 |
| 2009 | $2,977 + $991 $3,968 | $327 |
$396,300
BrightMLS
Listing removed 2024-04-23
$0
BrightMLS
Price Changed 2023-07-05
$409,000
BrightMLS
Listed 2023-05-14
$429,000
BrightMLS
Listing removed 2021-12-02
$3,600
BrightMLS
Listing removed 2021-11-30
$0
BrightMLS
Listed for rent 2021-10-28
$3,600
BrightMLS
Sold 2014-10-12
$225,000
BrightMLS
Listed 2014-09-23
$249,000
BrightMLS
Above Grade Finished Area: 2116
Construction Materials: Masonry
Property Age: 109
Levels or Stories: 3
Structure Type: Interior Row/Townhouse
Total Area Sqft: 2116
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.