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Sold for $425,000 on 01/16/25
  • $425,000

    1952 N 18th St, Philadelphia, PA 19121

    8beds
    4baths
    3,411sqft
    Townhouse
    Built in 2010
    -- sqft lot
    $430,500 Zestimate®
    $125/sqft
    $1,806 Estimated rent

    What's special

    $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!

    Zillow last checked: 7 hours ago

    Listing updated: January 17, 2025 at 09:59am

    Listed by:

    Danielle Py-Salas 484-430-1777,

    EXP Realty, LLC,

    Co-Listing Agent: Guillermo Salas Iii 484-429-6025,

    EXP Realty, LLC

    Bought with:

    Yasar polat, RS372733

    Opus Elite Real Estate of NJ, LLC

    Source: Bright MLS,MLS#: PAPH2405544MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,411
    • Total interior livable area: 3,411 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,536 sqft
    • Dimensions: 16.00 x 96.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 321228000
    • Zoning: RM1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    HOA & financial

    Other financial information
    • Total actual rent: 45600

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $430,500
    2% more+ $8,610
    With Zillow Showcase(estimated)
    $439,110