1950 N 18th Street
North Central, Philadelphia, PA 19121
$440,000
Description
1950 N 18th Street,
Philadelphia,
PA
19121
$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!**
This is an Active listing.
Broker Office Phone Number: 888-397-7352
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Listing By: EXP Realty LLC via Data Source: Bright MLS
Multi Family
Property type
Price History
date | price | variance | type |
---|
10/10/2024 | $440,000 | - | Listed |
listing agent: Danielle Py-Salas