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Multi Family![1. 1820 N 18th Street](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=https%3A%2F%2Fphotos.prod.cirrussystem.net%2F1524%2F55640a90321b0dd1faae18890841b06f%2F2379358839.jpeg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
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Tools
Size
5,923 Sq Ft.
interior
0.04 Acres
Exterior
Financial
$1,110,000
Change Currency
$187
Price Per Sqft
$15,397
Annual taxes
Listing Details
Multi Family
Property type
2021
Year Built
11300334
Web Id
PAPH2347128
MLS ID
51
Days Posted
Description
1820 N 18th Street,
Philadelphia,
PA
19121
Philadelphia, PA 19121
Welcome to your next savvy investment opportunity! Nestled just blocks away from Temple University, this income-producing quadruplex is a gem! Perfect for seasoned investors looking to expand their portfolio or first-time investors eager to dive into the market. Comprising two 2-bedroom, 2.5-bathroom units on the lower level and two 4-bedroom, 4.5-bathroom units on the upper level, this quadruplex offers modern amenities and spacious layouts that appeal to students and tenants alike. Each unit features contemporary finishes, galley and wrap-around kitchens, in-unit washer/dryer, ample closet space, and more! Unit A and Unit B residents can enjoy access to a fenced patio, while Unit D boasts a sprawling rooftop deck, perfect for entertaining or relaxing under the stars. Currently fully leased for the 2024-2025 school year, this property generates an impressive gross annual income of $110,400. With top market rents and 25% estimated operating expenses, the projected net operating income ensures a steady cash flow. Tenants can experience the convenience of living just minutes away from popular student attractions like Geasy Field, Temple Track, and The Liacouras Center. There are approximately 7+ years left on the ten-year tax abatements. Information needs to be verified by a buyer with city tax office. Schedule your appointment today!
This is an Active listing.
Broker Office Phone Number: 215-646-2900
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 215-646-2900
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Central Air Conditioning
- Dishwasher
- Refrigerator
- Vinyl Flooring
- Walk-in Closet(s)
- Dryer Included
- Washer / Dryer
- Fiberglass
Price History
date | Price | variance | type |
---|---|---|---|
4/30/2024 | $1,110,000 | - | Listed |
Listing By: Keller Williams Real Estate-Blue Bell via Data Source: Bright MLS
listing agent: James Romano