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1820 N 18TH STREET
PHILADELPHIA PA 19121 US

$1,110,000

Active Listing ID PAPH2347128
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Lot: 0.04 Acres
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$1,110,000

Active Listing ID PAPH2347128
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1820 N 18TH STREET 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!

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1110000
  • unparsedaddress: 1820 N 18TH STREET
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19121
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 5923
  • livingareaunits: Square Feet
  • latitude: 39.981701
  • longitude: -75.164081
  • listagentfullname: Jim Romano
  • listagentemail: jim@suburbs2city.com
  • listagentkey: 3yd-TRENDPA-3178523
  • listagentmlsid: 3178523
  • listagentpreferredphone: 6108282224
  • listagentofficephone: 2156462900
  • listofficekey: 3yd-TRENDPA-KELWLMBB
  • listofficemlsid: KELWLMBB
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 2021
  • listingcontractdate: 2024-04-30
  • listagenturl: http://www.KWBlueBell.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • appliances: Dishwasher, Dryer, Microwave, Range, Range - Electric, Refrigerator, Washer, Washer/Dryer Combo
  • cooling: Central A/C
  • constructionmaterials: Brick, Concrete, Metal Siding
  • heating: Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Built-ins, Combination Kitchen/Living, Recessed Lighting, Floor Plan - Open, Upgraded Countertops, Walk-in Closet(s)
  • architecturalstyle: Other
  • rooms: Basement
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.164081, 39.981701
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PAPH2347128/?channel=rexren", "LeadRoutingEmail":"jim@suburbs2city.com", "BrokerName":"Keller Williams Real Estate- Blue Bell", "ListingTitle":"Bi-level, Interior Row/Townhouse - PHILADELPHIA, PA", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"klrw234@kw.com", "ListOfficeAddress1":"910 Harvest DRIVE", "ListOfficeAddress2":"100", "ListOfficeCity":"Blue Bell", "ListOfficePostalCode":"19422", "ListOfficeStateOrProvince":"PA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Keller Williams Real Estate- Blue Bell", "ListBrokeragePhone":"(215) 646-2900", "ListBrokerageEmail":"klrw234@kw.com", "ListBrokerageWebsiteUrl":"http://www.KWBlueBell.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/c5ababc31f61f26d011f625dba0100bf/20160505152242382.png", "ListBrokerageUnparsedAddress":"910 Harvest Drive", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageCity":"Blue Bell", "ListBrokerageStateOrProvince":"PA", "ListBrokeragePostalCode":"19422", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-05-13T11:54:36Z", "Neighborhoods":[{"Name":"PHILADELPHIA", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":15397, "TaxDescription":null}]}
Listing Changed: 5/16/2024 4:15:43 AM GMT
Source Updated Date: 6/1/2024 6:48:53 AM GMT

Courtesy of: Jim Romano, Keller Williams Real Estate-Blue Bell, jim@suburbs2city.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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