$435,000
 $2,335 forsale estimated payment Sourced by Back At You

1952 N 18th St , Philadelphia, PA 19121

Philadelphia, PA 19121

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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!

Details

MlsPAPH2405544
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year2010
Days On Site61
Listing Provided ByEXP Realty, LLC | Danielle S. Py-Salas

Features

Sq Feet3,411
BasementY
ZoningRM1
Acreage0.04

Market Activity 19121

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Listings Checked: 6 seconds ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19121
Area19121
School DistrictThe School District Of Philadelp
Listing VS Median (in 19121)
Price:
$435,000
low | high
Med:
$120,000
100% of Average
SqFt:
3,411
low | high
Med:
1,022
100% of Average
$ / SqFt:
$128
low | high
Med:
$117
57.92901005466% of Average
On Site:
61
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 1:21:52 PM PST