2136 N CARLISLE ST, Philadelphia, PA 19121 | MLS# PAPH2553728

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Kory Prince

kory@countrywiderealestate.ca +1(604) 270-8774

Listed by Toma Holovatskyy • RE/MAX Plus

$289,900

Est. payment - /mo

6 Beds

2 Baths

1,845 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,845 sqft

Price per Sqft $157

Subdivision Temple University

MLS Listing ID PAPH2553728

Style Victorian

Bedrooms 6

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,845

Year Built 1915

Available Date 2025-11-06

Annual Tax Amount $3,593

Tax Year 2025

Lot Size 1,061 Sqft

Acres 0.02

Lot Dimensions 15.00 x 70.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Please note - some pictures are virtually decluttered/emptied. Welcome to this rarely available property for sale on Carlisle St, right behind Temple University's James White Hall dorms. This 6 bed/2 bath house is rented out to a group of 4 students for $2695/mo, $32,340/year till July 31, 2026, with tenants paying all utilities. At $289,900 offered price, the evaluation is just below 9 GRM, which is amazing for the area while also being in one of the most desirable locations for students. Occupants love these houses for their spaciousness, character & most importantly - proximity to SEPTA, a 3-minute walk to campus and 7/11, pizzerias & other shops. A great thing about this property is that it offers immediate cash flow to a new property owner in its current condition and rent, while also providing room for sweat equity and higher rent. Similar 5-6 bed rental comps on the same block rent for $3000+, or in the future, the new owner could demolish and build a duplex, given its RM-1 zoning. Currently rented out to 4 students and in its current condition, this property can easily bring $3,000-$3,300 (which is only $500-550/room per bed when rented to a group of 6, which is still very affordable to students) after basic renovations, including replacing carpets, painting, light fixture upgrades, and kitchen & bathroom. A property management & a dedicated to the Temple University leasing team is available to assist with upkeeping the property and bringing that sweet cash flow. Inquire about the pro-forma sheet, but with 20% down, 6.5% interest rate, operational expenses like insurance, 5% of gross income allocation for vacancy, and 5% maintenance, the property would CASHFLOW $500/mo (please verify and do your own due diligence). Schedule your tour today! More properties are available for sale for package deals.

Location

Province PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Improved

Main Level Bedrooms 1

Interior

Hot Water Electric

Cooling Central A/C

Inclusions appliances & fixtures

Equipment Dishwasher, Washer, Dryer, Refrigerator

Fireplace N

Appliance Dishwasher, Washer, Dryer, Refrigerator

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Other

Above Ground Finished SqFt 1845

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 321078900

Ownership Fee Simple

SqFt Source 1845

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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