$419,000
 $2,249 forsale estimated payment Sourced by Back At You

1920 N 18th St , Philadelphia, PA 19121

Philadelphia, PA 19121

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Description

$46,200 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 $3,850 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025. Property Highlights: - Unit Mix: Three spacious 3-bedroom, 1-bath apartments- Rental Income: $3,850 per month ($46,200 annually)- Lease Terms: Fully leased through end of 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 rental prospects 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!

Details

MlsPAPH2405584
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1915
Days On Site63
Listing Provided ByEXP Realty, LLC | Danielle S. Py-Salas

Features

Sq Feet2,484
ZoningRM1
Acreage0.04

Market Activity 19121

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Listings Checked: 9 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19121
Area19121
School DistrictThe School District Of Philadelp
Listing VS Median (in 19121)
Price:
$419,000
low | high
Med:
$122,500
100% of Average
SqFt:
2,484
low | high
Med:
1,200
100% of Average
$ / SqFt:
$169
low | high
Med:
$104
88.306686715957% of Average
On Site:
63
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 1:27:12 PM PST