Walnut Realty Group 215-278-2873 Presented...
21
3448 N Carlisle St Philadelphia, PA 19140 Presented by: Walnut Realty Group [email protected] 215-278-2873
Transcript of Walnut Realty Group 215-278-2873 Presented...
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Table of Contents
Page 1: Title Page 2: Table of Contents Page 3: Confidentiality StatementPage 5: Property SummaryPage 6: Financial SummaryPage 7-10: Property PhotosPages 15-19: Sale ComparablesPage 14: Interior renderingsPage 15: Model floor planPage 17: Sale comparablesPages 18-19: Rental comparablesPage 20: Broker profile
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Confidentiality Agreement This document contains confidential, privileged, nonpublic information intended to be conveyed only to the designated recipient(s). Any unauthorized uses, dissemination, distribution or reproduction of this e-mail, including attachments, is prohibited. If you are not the intended recipient, please destroy the attachments and reply to the sender.
Gene Zlotnikov [email protected] 267-528-8813License: RS319486
1080 N Delaware Ave, Suite 315Philadelphia, PA [email protected]
Property Description
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Property Summary
This rare find in the booming neighborhood that surrounds Temple University’s Medical Campus is a
rehabber’s dream. It is completely detached on one side which leaves the developer the option to add
windows maximizing space and potential layouts. The property is structurally sound and was occupied just
8 months ago. Utilities are still intact making it much quicker and easier to renovate. The basement ceiling
is exceptionally high, allowing for a potential bi-level layout for a 3 bedroom unit with separate laundry and
mechanical room.
With Temple owned buildings directly across the street and on each corner, this property sits in the heart of
Temple University's Medical Campus. Nearby properties include the well-known Lewis Katz School of
Medicine, the Department of Otolaryngology, Temple University Hearing Services, as well as Temple's
Schools of Pharmacy, Dentistry and Health Professions. Within two blocks of the property, you will find
two subway stations leading to Center City, as well as a Starbucks, Rite Aid and PNC Bank.
New development is thriving in this neighborhood, particularly on this block. Five other properties on this
block have already been redeveloped into multi-unit rentals. Two newly renovated triplexes recently sold
at cap rates of 8% two blocks away. A shell of similar size directly across the street recently sold for
$180,000. There are no vacant or abandoned properties on this block which adds to it's appeal. On an
average day, you may see students, university faculty members, and medical professionals walking to and
from this block and the medical campus buildings, and utilizing the Temple garage parking which is located
on this block.
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Financial Pro-Forma, Unit Mix
Unit Mix (3) 3 bedroom / 2 bathroom - $1,350 (2) 2 bedroom / 2 bathroom - $1,100
Projected RentGross Projected Rent $3,550Gross Annual $42,600
Expense Estimates Real Estate Tax $1,304Common PECO $600Water $1,800Fire Monitoring $600Insurance $2,000Rental Licenses $150Repair and Maintenance $2,000Turnover $1,500
NET PROJECTED INCOME $32,646
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Property Photos
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Property Photos
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Property Photos
View of 3400 block of N. Carlisle St at nightTemple U. parking garage and security booth (left)
Temple U. maintenance facility (right)
3448 N Carlisle St
Aerial view of 3400 block of N. Carlisle St
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Property Photos
3448 N Carlisle St
Aerial view of 3400 block of N. Carlisle St from N. Broad St
3448 N Carlisle St
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Location Description
.3 miles from Rite Aid (4 minute walk)
19 minute subway ride to City Hall
367 ft from Lewis Katz School of MedicineAt Temple University (8 minute walk)
11 minute bike ride to Temple UniversityMain Campus
.3 miles from Broad St. Subway (5 minute walk)
.3 miles from Temple University School of Dentistry
.2 miles from Starbucks (3 minute walk)
6 minute drive to Shop Rite(1.3 miles)
.3 miles from PNC Bank (4 minute walk)
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Starbucks
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Temple School of Medicine
Temple Health Sciences Building
Dept Of Otolaryngology(Head and Neck Surgery)
Temple UniversityCollege of Health Professions &School of Pharmacy
Sale Comparables
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
As-Completed Comparable 1
Subject building
Comparable
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Subject building
Comparable
As-Completed Comparable 2
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
As-Completed Comparable 3
Subject building
Comparable
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
As-Is Comparable
Subject building
Comparable
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Sale Comparable Map
3301 N 16th St3303 N 16th St
1601-3 W Tioga St
Subject Property
3443 N Carlisle St
Broker Profile
3448 N Carlisle StPhiladelphia, PA 19140
1210 Sq Ft Lot16x75 Lot Dimensions
2,200 Sq Ft buildingPrice: $130,000
Gene Zlotnikov
Partner
Gene Zlotnikov [email protected] 267-528-8813License: RS319486
1080 N Delaware Ave, 315Philadelphia, PA 19125215-278-2873
Sales
Sold over $23 million near Temple University’s main
campus
Investing
Investment consultant for multiple commercial development groups
.
Leasing
Responsible for leasing 300 units per year from 2011-2017 in the 19121 zip code
Designing
Design consultant for multiple construction companies
