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Photo of 1809 N 18th Street, Philadelphia PA
1809 N 18th Street
Philadelphia, PA 19121
# of Units
3
3 Bdrm Units
2
Acres
0.04
Interior SqFt
2,598
Age
109
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (Est.)*
14,058
Additional Details Below

Description

Welcome to your next savvy investment opportunity! Nestled just blocks away from Temple University, this income-producing triplex is a gem! Perfect for seasoned investors looking to expand their portfolio or first-time investors eager to dive into the market. Comprising one 5-bedroom, 4-bathroom unit and two 3-bedroom, 2-bathroom units, this triplex 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 has access to a fenced patio, Unit B residents can enjoy the spacious upper deck at the rear, and Unit C 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 $109,920. 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

Driving Directions

Heading north on Broad Street, make a left onto Cecil B. Moore Avenue and then make a right onto North 18th Street.

Listing Details

Summary
Architectural Type

Bi-level

Interior Features
Flooring

Vinyl

Basement

Fully Finished, Concrete Perimeter

Interior Features

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

Appliances

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

Exterior Features
Exterior Features

Brick, Frame, Concrete, Metal Siding

Utilities
Cooling

Central A/C, Electric

Heating

Forced Air, Electric

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 1,004,273 *
Zoning: Rm1
Lattitude : 39.981490
Longitude : -75.163570
MLS# : PAPH2347194
Views : 14
Listing Courtesy: James Romano of Keller Williams Real Estate-Blue Bell

Notes

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Presentation: © 2024 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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(*) Neither the assessment nor the real estate tax amount was provided with this listing. EveryHome has provided this estimate.