About 1958 N 18th St
$60,300 Gross Annual Income – Fully Leased! Prime Investment Opportunity Near Temple University! Discover this exceptional triplex multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $5,025 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025. **Property Highlights:** - Triplex - Unit Mix: Two spacious 3-bedroom, 2-bath apartments & One 5-bedroom, 3-bath apartment - Rental Income: $5,025 per month ($60,300 annually) - Lease Terms: Fully leased through end of 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!**
Features of 1958 N 18th St
MLS® # | PAPH2407622 |
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Price | $525,000 |
Bathrooms | 0.00 |
Square Footage | 4,800 |
Acres | 0.04 |
Year Built | 2010 |
Type | Multi-Family |
Sub-Type | Triplex, Interior Row/Townhouse |
Style | Other |
Status | Active Under Contract |
Community Information
Address | 1958 N 18th St |
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Area | 19121 |
Subdivision | PHILADELPHIA (NORTH) |
City | PHILADELPHIA |
County | PHILADELPHIA-PA |
State | PA |
Municipality | PHILADELPHIA |
Zip Code | 19121 |
Amenities
Is Waterfront | No |
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Interior
Heating | Forced Air |
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Cooling | Central A/C |
Has Basement | Yes |
Basement | Full |
Fireplace | No |
# of Stories | 3 |
Exterior
Exterior | Brick and Siding |
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Foundation | Concrete Perimeter |
School Information
District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Information
Date Listed | October 10th, 2024 |
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Days on Market | 62 |
Zoning | R 10 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | EXP Realty, LLC |
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Contact Info | 8883977352 |