Cherry Hill - Nicole Tobias
1/46
Listing Courtesy Of: EXP Realty, LLC, 8883977352, Danielle Py-Salas
Listing Sold By: Opus Elite Real Estate of NJ, LLC
Local Realty Services Provided By: KW Empower
Overview
What It'll Cost
Neighborhood
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$425,000
1950 N 18TH ST, PHILADELPHIA, PA 19121
3,411 sq ft
.04 ac
$425,000

1950 N 18TH ST, PHILADELPHIA, PA 19121

Estimation provided by Keller Williams Realty Inc.
3,411 sq ft
.04 ac
Closed
Sold

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 securedThis 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 Details

Compare This Home
Overview
Property Type
End of Row/Townhouse
Property Size
3,411 sq ft
Year Built
2010
Days on Site
171 Days
HVAC
Cooling: Central A/C, Heating: Central, Cooling Fuel: Electric, Heating Fuel: Electric
Parking
Yes
Nicole "NJ Nicole" Tobias
Cherry Hill
0902299

Activity History

VIEWS
0
SAVES
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SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $425,000
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Price & Tax History

Date
Event
Price
10/10/2024
Listed
$440,000
(+10%)
03/25/2011
Sold
$400,000
(+1,900%)
02/25/2009
Sold
$20,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,400
(+1.15%)
$600,100
Land 120,000 + Additions 480,100
2022
$8,305
$593,300
Land 84,546 + Additions 508,754
2021
$8,305
(+601.74%)
$593,300
Land 84,546 + Additions 508,754
2020
$1,183
(+3.45%)
$593,300
Land 84,546 + Additions 508,754
2019
$1,144
(+21.3%)
$573,500
Land 81,724 + Additions 491,776
2018
$943.1
$472,800
Land 67,374 + Additions 405,426
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Nicole "NJ Nicole" Tobias
Cherry Hill
0902299

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Sold  - Jan 16, 2025
New - 4,196 Hours
Open House
$425,000
3,411 sq ft
0.04 ac
1952 N 18TH ST, PHILADELPHIA, PA 19121
Listing Courtesy Of: EXP Realty, LLC, 8883977352, Danielle S. Py-Salas

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