1958 N 18TH ST Under Contract

Philadelphia,PA 19121

$ 525000

- Bed

- Bath

4800 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $109

Subdivision Philadelphia (North)

MLS Listing ID PAPH2407622

Style Other

Abv Grd Liv Area 4,800

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $48

Tax Year 2024

Lot Size 1,728 Sqft

Acres 0.04

Property Description

$60,300 Gross Annual Income – Fully Leased!
Prime Investment Opportunity Near Temple University!

Discover this exceptional triplex multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $5,025 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025.

**Property Highlights:**

- Triplex
- Unit Mix: Two spacious 3-bedroom, 2-bath apartments & One 5-bedroom, 3-bath apartment
- Rental Income: $5,025 per month ($60,300 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 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 R 10

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321228300

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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