1952 N 18TH ST Active

Philadelphia,PA 19121

$ 440000

- Bed

- Bath

3411 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,411 sqft

Price per Sqft $128

MLS Listing ID PAPH2405544

Style Straight Thru

Abv Grd Liv Area 3,411

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $7,838

Tax Year 2024

Lot Size 1,536 Sqft

Acres 0.04

Lot Dimensions 16.00 x 96.00

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 rentals

Investment 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 place

This is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphia’s 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!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321228000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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