1820 N 18TH St, PHILADELPHIA, PA 19121 Homes for Sale

For Sale

$1,110,000

• 0 beds
• 0 baths
• 5923 Sq Ft

1820 N 18TH STREET,
PHILADELPHIA, PA, 19121

Latitude 39.981701 - Longitude -75.164081

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Overview

Listing Status Active

MLS PAPH2347128

Property Type

Other

Year built

2021

Total rooms

0

Lot size

0.04 Acres

Time on NeighborWho

21 days

Stories

-

Price per Sq Ft

$187

Parking

0e0 car garage

Basement

-

About 1820 N 18TH STREET, PHILADELPHIA, PA

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! Read more

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