1952 N 18th Street
Philadelphia, PA 19121
- – beds
- – baths
- 3,411 sqft
- 1,536 sqft lot
- $124 per sqft
- 2010 build
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$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!
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Last updated Jan 18, 2025
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MLS# PAPH2405544 —
The Building
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Year Built:2010
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:2
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Structure Type:End of Row/Townhouse
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Architectural Style:Straight Thru
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3411
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3411
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Living Area SqFt:3,411 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Other
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Possession:Negotiable
Location
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Directions:Rt.95 N. to Callowhill St., R on N. Broad St. , L on W. Oxford St. , R on N. 18th. St.
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Latitude:39.98383713
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Longitude:-75.16360474
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 96.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,536 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:W50
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 430-1777
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:321228000
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Tax Year:2024
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Tax Lot:232
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Tax Annual Amount:$7,838
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Tax Assessed Value:$560,000
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Year Assessed:2024
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School Tax:4389.0
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City/Town Tax:3449.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/16/25
Jan 16, 2025
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Sold | BRIGHT | $425,000 | -2.3% |
|
1/2/25
Jan 2, 2025
|
Pending | BRIGHT | $435,000 | |
|
12/10/24
Dec 10, 2024
|
Sold Subject To Contingencies | BRIGHT | $435,000 |
