1820 N 18th Street, Philadelphia, PA 19121 | MLS PAPH2347128 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
FOR SALE
$1,110,000  

1820 N 18th Street
Philadelphia, PA 19121

Fourplex, Multi-Family
Residential
2
Beds
5,923
Sq. Ft.
0.04
Acres Lot
Courtesy: Keller Williams Real Estate-Blue Bell
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!
PAPH2347128
Fourplex, Multi-Family, 2 Story
2
PHILADELPHIA
2021
0.04 Acres
Public
Brick,Frame,Metal
Public Sewer
5,923 Sq. Ft.
School Information
PHILADELPHIA CITY
Interior Features
Appliances
Dishwasher, Refrigerator, Microwave, Electric Oven, Electric Range, Washer, Electric Water Heater
Flooring
Vinyl
Cooling
Central Air
Heating
Electric Heating. Forced Air.
Basement
Finished
Additional Interior Features
Walk-In Closet(s)
Exterior / Lot Features
Parking
On Street.
Exterior
Metal, Brick, Frame
Patio
Patio
Roof
Fiberglass
Lot Dimensions
22.00 x 86.00
Financial Considerations
321223805
$15,397
Courtesy: Keller Williams Real Estate-Blue Bell
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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Information is deemed reliable but is not guaranteed.