4500 North Carlisle Street

Philadelphia, PA 19140

$349,999
Price
Beds
1,536 Sq. Ft.
$228 / Sq. Ft.
1,536
Sq. Ft.
$228
per Sq. Ft.

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
...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.

Listing Agent

  1. Israel Villafana

    Israel Villafana

    Listing Agent

    Compass

    israelv@compass.com

    P: 267.368.9545

Property Details for 4500 North Carlisle Street

Tax ID Number
132027400
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Subdivision
PHILADELPHIA (NORTH)
Subdivision
PHILADELPHIA (NORTH) (PHILADELPHIA PA)

Location

Add your commute
LISTING UPDATED: 04/25/2024 08:37 AM

Property Details for 4500 North Carlisle Street

StatusActive
MLS #PAPH2345196
Days on Market15
Taxes$2,442 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.03 AC / 1,312 SF
CountyPhiladelphia County

Location

Add your commute

Building Information for 4500 North Carlisle Street

Stories-Residences2Year Built1940Building Size-Lot Size0.03 AC / 1,312 SF

Payment Calculator

$2,114 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$204

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4500 North Carlisle Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19140 (19140)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $174,500
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $139,600
  • City Town Tax: $1,102
  • Land Assessed Value: $34,900
  • Clean Green Assessed: No
  • Land Use Code: N30
  • Zoning: RSA3
  • Tax Lot: 210
  • School Tax: $1,340
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $2,500
  • Operating Expense Includes: Trash
  • Maintenance Expense: $1,500
Financial Information
  • Net Operating Income: $40,000
  • Annual Rental Income: $43,200
  • Income Includes: Apartment Rentals
  • Cap Rate: 11.00
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,536.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 82.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 956586
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Floor Plan - Open
  • Fireplace: No
  • Appliances: Dryer - Electric, Microwave, Oven/Range - Electric
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Septic
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 4500 North Carlisle Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4500 North Carlisle Street

Taxable ValueLand$34,900Additions$139,600Total$174,500
Tax Record2023$2,443 ($204 / month)
Home Facts
Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories2Lot Size1,312 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningRSA3CountyPHILADELPHIAAPN13-2-0274-00

Schools near 4500 North Carlisle Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Steel Edward School
PublicPK to 8

Central High School
Public9 to 12

Fitler Academics Plus
PublicK to 8

Kenderton Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4500 North Carlisle Street is a multi-family home for sale in Philadelphia, PA 19140. This property was listed for sale on April 19, 2024 by Compass, it's currently listed at $349,999. It has been on the market for a total of 15 days and was last sold on November 5, 2021. This listing's school district is Philadelphia City School District. Nearby schools include Steel Edward School, Central High School and Fitler Academics Plus. 4500 North Carlisle Street is a 0-bed, 0-bath, 1,536 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.