1950 N 18th Street

PHILADELPHIA, PA 19121

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,411 Sqft
  • 1536
    Sqft(Lot)
$440,000

Description

$51,600 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 $4,300 in monthly income, this well-maintained building offers immediate, reliable cash flow through july 2025.

**property highlights:**

- unit mix: two spacious 4-bedroom, 4-bath apartments
- rental income: $4,300 per month ($51,600 annually)
- lease terms: fully leased through 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 rentals

**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!**

  • Property Type

    Multi-Family

  • Subdivision

    Temple University

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    47140659

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Full

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 2010
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 2010
    • Construction Material: Masonry
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,536
    • Dimensions: 16.00 x 96.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Other
    • Main Square Feet: 1,536

    Property Information

    • SQ ft: 3,411
    • SQ ft (Living Area): 3,411
    • Total Lot SQ ft: 1,536
    • Subdivision: TEMPLE UNIVERSITY
    • Appx. Lot Dimensions: 16.00 x 96.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 14

  • Tax Information

    • Annual Tax: $7,278
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $520,000

  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: Use GPS

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Use GPS
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BuyOwner last updated this listing 11/04/2024 @ 23:28

  • MLS: PAPH2407416
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 3,411 sqft, 1,536 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19121, this PHILADELPHIA County Other , it is in the TEMPLE UNIVERSITY Subdivision, and are nearby neighborhoods.