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
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$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!**
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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