1950 N 18TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,411 sqft
Price per Sqft $128
Subdivision Temple University
MLS Listing ID PAPH2407416
Style Other
Abv Grd Liv Area 3,411
Originating Board BRIGHT
Year Built 2010
Annual Tax Amount $7,278
Tax Year 2024
Lot Size 1,536 Sqft
Acres 0.04
Lot Dimensions 16.00 x 96.00
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 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!**
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 321227900
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard