**Investor Special – Fully Renovated PHA-Leased Rental in Mill Creek** Welcome to **4518 Westminster Avenue**, a turn-key investment property in Philadelphia’s Mill Creek neighborhood. This 3-bedroom, 1-bathroom rowhome spans approximately **1,256 square feet** and is currently leased through the **Philadelphia Housing Authority (PHA)** with a projected annual rent roll of **$25,632**—offering reliable, government-backed monthly income from day one. The property underwent a comprehensive renovation in 2023, including a new roof, all new windows, updated electrical system, fresh paint, new appliances, modern kitchen and bathroom, new flooring throughout, and a new water heater. These major upgrades significantly reduce future capital expenditure and make this a low-maintenance, high-yield asset. Tenants enjoy an open-concept layout with hardwood floors in the living and dining areas, a contemporary kitchen, and three spacious bedrooms upstairs—all filled with natural light. Located with easy access to **I-76, MLK Drive, and Kelly Drive**, the property sits in a high-demand rental corridor with proximity to transportation, employment hubs, and green space. Whether you’re looking to expand your portfolio or secure steady passive income, **4518 Westminster Avenue** is a strong buy-and-hold opportunity with immediate cash flow.
For sale
Price cut: $25K (7/11)
$140,000
4518 Westminster Ave, Philadelphia, PA 19131
3beds
1,400sqft
Est.:
Townhouse
Built in 1925
1,000 Square Feet Lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
- 122 days
- on Zillow |
- 177 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 10:38am
Listed by:
Britt McLaughlin 215-598-2027,
KW Empower 215-627-3500,
Listing Team: She Moves Philly
Source: Bright MLS,MLS#: PAPH2467470

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,000 Square Feet
- Dimensions: 14.00 x 71.00
- Features: Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 062094500
- Zoning: RM1
- Zoning description: Residential Multifamily
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
- Roof: Flat
Condition
- New construction: No
- Year built: 1925
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mill Creek
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $80,600
- Annual tax amount: $1,128
- Date on market: 4/15/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Tenant Property
- Ownership: Fee Simple
- Total actual rent: 18000
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