2136 N Carlisle St, Philadelphia, PA 19121
Local realty services provided by:ERA Martin Associates
2136 N Carlisle St,Philadelphia, PA 19121
$289,900
- 6 Beds
- 2 Baths
- - sq. ft.
- Townhouse
- Coming Soon
Listed by:toma holovatskyy
Office:re/max plus
MLS#:PAPH2553728
Source:BRIGHTMLS
Price summary
- Price:$289,900
About this home
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.
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Home facts
- Year built:1915
- Listing ID #:PAPH2553728
- Added:1 day(s) ago
- Updated:November 04, 2025 at 10:49 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Electric
Structure and exterior
- Year built:1915
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,900
- Tax amount:$3,593 (2025)
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