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1952 N 18th St
For Sale $440,000 ($128.99 per Sq Ft)
$440,000 ($128.99 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,411 Sq Ft
- 1,536 Sq Ft
Description
$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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $440,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 3,411 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2010 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 321228000 |
| MLS # | PAPH2405544 |
| Property ID | 320917342 |
| Lot Sqft | 1,536 |
| Zoning | RM1 |
| Total Units | 2 |
| Days on Market | 49 |
| Original List Price | Unknown |
| Date Updated | November 13, 2024 |
| Date Created | October 06, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $45,600 | $0 |
Listing Provided By
Danielle S. Py-Salas an agent of EXP Realty, LLC.
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Data last updated: November 24, 2024.
Robert Crawford
REAL ESTATE AGENT