PA > Philadelphia
Philadelphia, PA 19121,1820 N 18TH ST
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Philadelphia, PA 19121,1820 N 18TH ST
Philadelphia, PA 19121,1820 N 18TH ST
Philadelphia, PA 19121,1820 N 18TH ST
Philadelphia, PA 19121,1820 N 18TH ST
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Brandi Dillon

Brandi Dillon

+1(240) 361-7745
$ 1,050,000
Est. payment /mo
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Active

1820 N 18TH ST Philadelphia, PA 19121

5,923 SqFt

UPDATED:

08/25/2024 02:45 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,923 sqft

Price per Sqft $177

MLS Listing ID PAPH2347128

Style Bi-level

Abv Grd Liv Area 5,923

Originating Board BRIGHT

Year Built 2021

Annual Tax Amount $15,397

Tax Year 2024

Lot Size 1,896 Sqft

Acres 0.04

Lot Dimensions 22.00 x 86.00

Property Description

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!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Built-Ins, Combination Kitchen/Living, Recessed Lighting, Floor Plan - Open, Upgraded Countertops, Walk-in Closet(s)

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Vinyl

Inclusions All washers/dryers, refrigerators, microwaves, range ovens and dishwashers in "as-is" working condition.

Equipment Microwave, Dishwasher, Stainless Steel Appliances, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric

Fireplace N

Appliance Microwave, Dishwasher, Stainless Steel Appliances, Washer/Dryer Stacked, Refrigerator, Oven/Range - Electric

Heat Source Electric

Exterior

Exterior Feature Patio(s), Roof

Waterfront N

Water Access N

Roof Type Fiberglass

Accessibility None

Porch Patio(s), Roof

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Bi-level

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321223805

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by James J Romano • Keller Williams Real Estate-Blue Bell

Brandi Dillon

Broker Associate | License ID: 668901

+1(240) 361-7745

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1820 N 18TH ST