Skip To Content

1952 N 18TH Street

PHILADELPHIA, PA 19121
  • $435,000
  • STATUS: Active Under Contract
  • ON SITE: 67 Days
  • ID#: PAPH2405544
Under Contract
$435,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,411
    SQFT
  • $128
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Description

$45,600 Gross Annual Income " Fully Leased! Prime Investment Opportunity Near Temple University!Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow.Property Highlights:- Unit Mix: Two spacious 4-bedroom, 2-bath apartments- Current Rental Income: $3,800 per month ($45,600 annually)- Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income- Condition: Well-maintained and updated, appealing to high-quality tenants- Location: Prime proximity to Temple University, a high-demand area for student and professional rentalsInvestment Benefits:- Immediate Income: Established rental history with dependable cash flow- Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area- Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation- Turnkey Investment: Minimal maintenance required, with long-term tenants already in placeThis is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphias hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential.Schedule a showing today and explore this exciting investment opportunity!

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. 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. Data last updated: 2024-12-13T23:50:36.29.
www.kmteamrealestate.com/homes/156424863
Print Image

1952 N 18TH Street PHILADELPHIA, PA 19121

  • Price: $435,000
  • Status: Active Under Contract
  • On Site: 67 Days
  • ID#: PAPH2405544
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,411
SQFT
$128
$/SQFT
2010
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
$45,600 Gross Annual Income " Fully Leased! Prime Investment Opportunity Near Temple University!Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow.Property Highlights:- Unit Mix: Two spacious 4-bedroom, 2-bath apartments- Current Rental Income: $3,800 per month ($45,600 annually)- Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income- Condition: Well-maintained and updated, appealing to high-quality tenants- Location: Prime proximity to Temple University, a high-demand area for student and professional rentalsInvestment Benefits:- Immediate Income: Established rental history with dependable cash flow- Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area- Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation- Turnkey Investment: Minimal maintenance required, with long-term tenants already in placeThis is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphias hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential.Schedule a showing today and explore this exciting investment opportunity!
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3411 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Gross Income 43320.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 803397539216 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 7838.00 Tax Lot 232 Total Actual Rent 45600.00 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. 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. Data last updated: 2024-12-13T23:50:36.29.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803397539216-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803397539216-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803397539216-2.jpg
Logo
Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042