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Asking Price - $289,900
Days on Market - 34
2136 N Carlisle Street
Temple University
Philadelphia, PA 19121
Featured Agent
EveryHome Realtor
Asking Price
$289,900
Days on Market
34
Bedrooms
6
Full Baths
2
Acres
0.02
Interior SqFt
1,845
Age
110
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
3,593
Additional Details Below
EveryHome Realtor
Views: 21
Featured Agent
EveryHome Realtor
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
Driving Directions
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Listing Details
Summary
Architectural Type
•Victorian
Interior Features
Appliances
•Dishwasher, Washer, Dryer, Refrigerator
Exterior Features
Exterior Features
•Masonry
Utilities
Cooling
•Central A/C, Electric
Heating
•90% Forced Air, Electric
Miscellaneous
Lattitude : 39.985733
Longitude : -75.157539
MLS# : PAPH2553728
Views : 21
Listing Courtesy: Toma Holovatskyy of RE/MAX Plus
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Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
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. For information on those properties withheld from the internet, please call 215-699-5555
