1920 N 18TH ST Active

Philadelphia,PA 19121

$ 425000

- Bed

- Bath

2484 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $171

MLS Listing ID PAPH2405584

Style Straight Thru

Abv Grd Liv Area 2,484

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $5,930

Tax Year 2024

Lot Size 1,656 Sqft

Acres 0.04

Lot Dimensions 17.00 x 96.00

Property Description

$46,200 Gross Annual Income – Fully Leased!
Prime Investment Opportunity Near Temple University!

Discover this exceptional multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $3,850 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025.

Property Highlights:

- Unit Mix: Three spacious 3-bedroom, 1-bath apartments
- Rental Income: $3,850 per month ($46,200 annually)
- Lease Terms: Fully leased through end of July 2025, providing stable occupancy
- Condition: Well-maintained with recent updates, attracting quality tenants
- Location: Prime proximity to Temple University, in high demand for student and other high quality rental prospects

Investment Benefits:

- Immediate Income: Proven rental history and dependable cash flow
- Desirable Location: Popular area with strong tenant demand
- Growth Potential: Located in a neighborhood with ongoing development and rising property values
- Turnkey Investment: Minimal maintenance, long-term tenants already secured

This is a rare opportunity to acquire a fully leased, turnkey property in one of Philadelphia's hottest rental markets. Whether expanding your portfolio or starting out, this property promises strong returns and long-term growth potential.

Schedule your showing today to explore this outstanding investment!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

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

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 321226400

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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