1950 N 18TH ST Pending

Philadelphia,PA 19121

$ 440000

- Bed

- Bath

3411 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 3,411 sqft

Price per Sqft $128

Subdivision Temple University

MLS Listing ID PAPH2407416

Style Other

Abv Grd Liv Area 3,411

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $7,278

Tax Year 2024

Lot Size 1,536 Sqft

Acres 0.04

Lot Dimensions 16.00 x 96.00

Property 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!**

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility Other

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321227900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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