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| Description |
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**Investor Special – Fully Renovated PHA-Leased Rental in Mill Creek* Welcome to **4518 Westminster Avenue**, a turn-key investment property in Philadelphia’s Mill Creek neighborhood. This 3-bedroom, 1-bathroom rowhome spans approximately **1,256 square feet** and is currently leased through the **Philadelphia Housing Authority (PHA)** with a projected annual rent roll of **$25,632**—offering reliable, government-backed monthly income from day one. The property underwent a comprehensive renovation in 2023, including a new roof, all new windows, updated electrical system, fresh paint, new appliances, modern kitchen and bathroom, new flooring throughout, and a new water heater. These major upgrades significantly reduce future capital expenditure and make this a low-maintenance, high-yield asset. Tenants enjoy an open-concept layout with hardwood floors in the living and dining areas, a contemporary kitchen, and three spacious bedrooms upstairs—all filled with natural light. Located with easy access to **I-76, MLK Drive, and Kelly Drive**, the property sits in a high-demand rental corridor with proximity to transportation, employment hubs, and green space. Whether you’re looking to expand your portfolio or secure steady passive income, **4518 Westminster Avenue** is a strong buy-and-hold opportunity with immediate cash flow.
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| Details |
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Architectural Type - Traditional
Flooring - Ceramic Tile, Laminate Plank
Basement - Full, Stone
Roofing - Flat
Lot Features - Rear Yard
Exterior Features - Masonry
Heating - Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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