4500 N Carlisle Street
Philadelphia,
PA
19140
Property Details
| List Price: |
$349,999 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
1536 |
| Agency: |
Compass |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
MultiFamily |
| Year Built: |
1940 |
| Notes: |
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.<br />
<br />
Unit Configuration:<br />
<br />
Two units featuring 2 bedrooms and 1 bathroom each<br />
One unit boasting 3 bedrooms and 1 bathroom<br />
Second-floor unit includes washer and dryer for added convenience<br />
All units equipped with central air for year-round comfort<br />
Electric range and microwave provided in each unit for hassle-free cooking<br />
Spacious rooms with ample closet space ensuring tenant satisfaction<br />
Property Features:<br />
<br />
Recent renovations in 2022 guarantee modern amenities and peace of mind<br />
Updated electrical and plumbing systems with all permits secured<br />
Legally designated as a duplex with the potential to function as a triplex<br />
Basement unit offers independent access, enhancing tenant privacy<br />
Electric water heater in basement unit for efficient energy usage<br />
Financial Highlights:<br />
<br />
Taxes totaling less than $3,000 per year, minimizing overhead costs<br />
Impressive cap rate exceeding 11%, ensuring robust returns on investment<br />
Rental income exceeding $43,000 annually, providing a steady cash flow<br />
Tenants responsible for utilities such as water and electricity, reducing landlord expenses<br />
Landlord only responsible for yearly real estate taxes and casualty/fire insurance<br />
Investment Benefits:<br />
<br />
FHA approval makes financing accessible with only a 5% down payment requirement<br />
Perfect opportunity for investors seeking a substantial return on investment<br />
Low maintenance property with tenants covering most expenses<br />
Prime location ensures consistent tenant demand and high occupancy rates<br />
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. |
| MlsNumber: |
PAPH2345196 |
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| Listing Provided By: |
Compass, original listing |
| Name: |
Compass |
| Office Name: |
Compass Pennsylvania, LLC |
| Office Phone: |
(267) 435-8015 |
| Agent Name: |
Mr. Israel Villafana |
| Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
