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1220 N Carlisle StreetPhiladelphia, PA 19121

For Sale

$630,000

Smart Buyer Rebate $6,300

Prime Investment Opportunity Portfolio sale $4,400,000 and is open to individual proposal: 7-Building Portfolio Near Temple University An exceptional opportunity awaits with this 7-building portfolio strategically located near Temple University. This meticulously maintained portfolio offers a robust income stream with significant upside potential for investors. Each building in this collection is designed for independent operation, featuring separate utilities including three water meters and six electrical meters across the portfolio. All units are equipped with heat pumps for central heating and air conditioning, along with electric water heaters, ensuring tenant comfort and energy efficiency. For peace of mind and safety, each building also boasts a comprehensive fire alarm system and sprinkler system. The property's current layout offers 6 full bathrooms and 5 kitchens in each building, providing ample amenities for residents. The Use Classification of "Dormitories Living quarters rental license" is current, valid until December 2026 for all six buildings, providing a clear path for continued student or multi-unit rentals. A unique advantage of this portfolio is the 16-foot extension to the rear of the 1226-1232 buildings. This valuable space is currently utilized for parking, accessible via an automatic iron gate on Stiles Street, a highly sought-after amenity in this densely populated area. This portfolio includes the following properties: 1220 (Tax ID: 471166820); 1222 (Tax ID: 471166822); 1224 (Tax ID: 471166824); 1226 (Tax ID: 471166826); 1228 (Tax ID: 471166828); 1230 (Tax ID: 471166830); 1232 (Tax ID: 471166832. Serious inquiries only. All showings require a Proof of Funds (POF) to be submitted prior to scheduling. Don't miss this chance to acquire a significant asset in a prime location.

Listed by Paul P Cheng

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License #AB068536

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Keller Williams Realty

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2153271722

Last updated October 23, 2025

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Source: BrightMLS #PAPH2537138

Listing Facts

  • TypeMulti-family
  • NeighborhoodAvenue of the Arts North
  • Days on Prevu41
  • Taxes$198/year
  • Size848 sqft
  • Price per sqft$743

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/23/2025
Price Decreased
$630,000
09/12/2025
Listed by Keller Williams Realty
$640,000

Property Details for 1220 N Carlisle Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Property Condition: Excellent
  • Roof: Flat
  • Year Built: 2013
  • Architectural Style: Straight Thru
  • Construction Materials: Vinyl Siding, Brick

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.02
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 848
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.4
  • Gross Income: $380,520.00

Taxes

  • Tax Annual Amount: $198.00
  • Tax Year: 2011

Interior

Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Features: Dining Area

Measurements

  • Living Area: 848
  • Living Area Source: Estimated

Rooms

  • Has Basement: No
  • Rooms Total: 4

Other

General

  • Exclusions: Tenants Belongings

Location

  • Subdivision Name: BREWERYTOWN
  • Tax Lot: 76

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

  • Cooling: Wall Unit
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.