Rental Property Investor · Philadelphia, PA · Member since 2020 · 16 posts · 6 votes
I’ve had heard conflicting information about Carrick Pa . Some say it’s a decent area and others say it’s infested with drugs specifically heroin. Does anyone have any experience investing in Carrick ? What has your experience been there? Would you invest in Carrick again or would you choose another area?
@Elise Bickel Im ready to invest in Pittsburgh and have been specifically looking in Carrick. I also live in Philadelphia and need a property manager
Elise and her team are great. I love being able to reach out and receive quick, friendly responses from knowledgeable people.
Carrick is on my radar too. It’s still in city limits. Any farther out and your start getting into other townships and boroughs. Property taxes can vary higher than the city. Something to keep in mind when running numbers.
@Ruben S Paul I like Carrick. Some crime/drugs there for sure but it really depends on what part of the neighborhood you are in. It tends to get nicer as you get further south closer to Brentwood. But can be very street by street. Cash flow is pretty good there and I think it'll see above average appreciation in the future as it's one of those "on the cusp" neighborhoods in my opinion. The Brownsville Road commercial corridor has potential for a nice walkable business district.
Carrick is definitely on the upswing of things in my opinion. Sure you may have crime and drugs, but you can have that anywhere. It does truly vary street by street. If you are closer to Baldwin/Whitehall SD then you should be in a "better" area. However, there seems to be a lot of traction in this neighborhood as Brownsville Road is seeing some facade renovations and I've seen a few new businesses go in along the strip. I think that in the next few years, appreciation will boom.
I personally invest in Carrick. So far its been really good. I also am shocked by the upswing of rental prices and property values in the area. A couple years ago a 3 bedroom in good condition was renting there for around $750/month. I recently had a 3 bed 1.5 bath in good condition rent at $1250. I also own a property management company and I have a few investors that LOVE the area and one in particular that owns about a dozen that are all 3 bed 1.5 or 2 bath with a 1 car garage that rent between $1300-$1400 (not over updated/rental grade).
Hopefully that helps.
If you have any other questions about the area I'd be happy to help.
@Elise Bickel Im ready to invest in Pittsburgh and have been specifically looking in Carrick. I also live in Philadelphia and need a property manager
Elise and her team are great. I love being able to reach out and receive quick, friendly responses from knowledgeable people.
Carrick is on my radar too. It’s still in city limits. Any farther out and your start getting into other townships and boroughs. Property taxes can vary higher than the city. Something to keep in mind when running numbers.