1952 N 18th Street
North Central, Philadelphia, PA 19121
$440,000
Description
1952 N 18th Street,
Philadelphia,
PA
19121
$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 Philadelphias 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!
This is an Active listing.
Broker Office Phone Number: 888-397-7352
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.
Listing By: EXP Realty LLC via Data Source: Bright MLS
Multi Family
Property type
Price History
date | price | variance | type |
---|
10/7/2024 | $440,000 | - | Listed |
listing agent: Danielle Py-Salas