$1,110,000
Active
20 Days Online
0 Beds0 Baths5,923 SQFT
Active

1820 N 18th Street Philadelphia, PA 19121

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyPhiladelphia
  • Taxes$15,397
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2347128
  • Home Size Source Estimated
  • Year Built2021
  • Lot Size0.04 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Bi-level
  • Construction BrickFrameConcreteMetal Siding
  • Parking On Street
  • Sewer Public Sewer
  • Basement Fully Finished
  • Acreage 0.04
  • Water Public
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Foundation Concrete Perimeter
  • Zoning RM1

Interior Features

  • Cooling Central A/ CElectric
  • Heating Forced AirElectric
  • Appliances MicrowaveDishwasherStainless Steel AppliancesWasher/ Dryer StackedRefrigeratorOven/ Range - Electric
  • Flooring Vinyl
  • Interior Built-InsCombination Kitchen/LivingRecessed LightingFloor Plan - OpenUpgraded Countertops
  • Fireplace No

Exterior Features

  • Roof Fiberglass
  • Spa No
  • Waterfront Property No
  • Patio And Porch Patio(s)Roof

Community Features

  • MLS Area 19121 (19121)

Schools

School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$5,920
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