Commercial > Multi-family / Apartments
Active
04/30/2024
List Price
$1,017,500$392/ft²
1809 18th St
Philadelphia, PA 19121
- -Bed
- -Bath
- 2,598ft²Living Area
- 1,742ft²Lot Size
- -Pool
- -Car
- 1915Year Built
- 60DOM
- 10Permits
1809 18th St, Philadelphia, PA 19121 is a 2,598 ft² multi-family/apartments property built in 1915 on a 0.040 acre lot with 10 construction permits. This multi-family/apartments is currently on the market for $1,017,500, and it was last sold in 2020 for $175,000.
MLS Description
The listing agent's description. Original Listing
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!
Listing Agents
The listing agent for 1809 18th St is Jim Romano.
JR
Jim Romano
Keller Williams Real Estate-Blue Bell
Phone: (215) 646-2900
Permits
1809 18th St has 10 permit records of total value of $209,900.
Permit History
10
Permits
$209,900
Total Permit Value
December 20, 2021
Description: New construction of an attached three-story three (3) family dwelling with rear deck at second floor level and private roof deck with pilot house access as per approved plans. Work to include excavation shoring as per approved structural plans. Building to be fully sprinklered. *2018 ibc review* **separate permits required for mep & fire suppression work**Job Value: $150,000Status: completeType: Commercial building permitSub Type: New constructionBusiness Name: Clear Light Electric LLC; Just Plumbing & Heating Mechanical Contractors; Nika MamagulashviliApplicant: Ctw Arlington LLC0Effective Date: 2021-12-20Permit Number: CP-2020-004944
December 20, 2021
Description: Install 3 hot water heaters 3 kitchen sinks 8 lavatories 8 shower/tubs 8 water closets and 3 washer boxes according to the 2018 ppcJob Value: $10,000Status: completeType: plumbing permitSub Type: New construction or additionsBusiness Name: Thomas UHLApplicant: Ctw Arlington LLCEffective Date: 2021-12-20Permit Number: PP-2021-012257
December 20, 2021
Description: For minor construction work at the subject property in accordance with all applicable provisions of the philadelphia code all references codes and standards and the attached ez standard where included. Deviation from this standard shall result in permit revocation. A separate permit from the philadelphia department of streets is required for any sidewalk and street closures. All means of pedestrian protection required at the site in accordance with the philadelphia building code chapter 33 shall be in place prior to start of workJob Value: $1,500Status: completeType: plumbing permitSub Type: AlterationsBusiness Name: Just Plumbing & Heating Mechanical ContractorsApplicant: Ctw Arlington LLCEffective Date: 2021-12-20Permit Number: PP-2020-010761
December 20, 2021
Description: For the erection of an attached structure with rear deck roof deck and roof deck access structure. Size and location as shown in planStatus: completeType: Zoning permitSub Type: New construction addition gfa changeBusiness Name: Gabriel DeckApplicant: Ctw Arlington LLCEffective Date: 2021-12-20Permit Number: ZP-2020-005647
November 16, 2021
Description: For the complete demolition of an existing attached masonry and wood three-story structure by hand methods. All permitted demolition activity to be in accordance with approved site safety demolition plan & such plan to be maintained on site at all times in accordance with philadelphia administrative code. Complete sidewalk closure required as reflected on approved site plan and in accordance with section 3306 of the ibc. Separate street closure permit required prior to start of work. Any deviation will require an amended building permitJob Value: $8,000Status: completeType: Demolition permitSub Type: Minor demolitionBusiness Name: RLC Contractors INCApplicant: Ctw Arlington LLCEffective Date: 2021-11-16Permit Number: DP-2020-001817
September 29, 2021
Description: Curb trap fai main drain water distribution to interior foundationJob Value: $6,500Status: completeType: plumbing permitSub Type: New construction or additionsBusiness Name: Just Plumbing & Heating Mechanical ContractorsApplicant: Ctw Arlington LLCEffective Date: 2021-09-29Permit Number: PP-2021-012434
September 29, 2021
Description: For the installation of registers diffusers and appliances with associated ductwork for multi-family dwelling. Appliances to be installed in accordance with manufacturer's specifications. All work to be done per approved plans. If field conditions vary contact design engineer prior to the start of any work. Separate permits to be obtained for all other workJob Value: $15,000Status: completeType: Mechanical fuel gas permitSub Type: New constructionBusiness Name: Martin SankovichApplicant: Ctw Arlington LLCEffective Date: 2021-09-29Permit Number: MP-2021-004170
September 29, 2021
Description: Install new fire suppression system complying with nfpa 13r throughout an existing structure to include 2 main fire service line and 2 dc wilkins 350 xl backflow prevention assembly as per approved plans. All work shall be performed by a fire suppression contractor licensed by the city of philadelphiaJob Value: $18,900Status: completeType: Fire suppression permitSub Type: New constructionBusiness Name: Aqueduct Fire Protection Systems LLCApplicant: Ctw Arlington LLCEffective Date: 2021-09-29Permit Number: FP-2021-001319
June 24, 2021
Description: Install a 300 amp service (4) gang meter module (3) 150 amp panel & feeders (1) 100 amp panel & feeder. Wiring throughout the common areas and three units including lights normal and emergency switches receptacles, wiring for mechanical and HVAC equipment. Install a new fire alarm system throughout.work completed as per the 2017 nec & 2016 nfpa-72Status: completeType: Electrical permitBusiness Name: Elis Kapllani Clear Light Electric LLCApplicant: Ctw Arlington LLCEffective Date: 2021-06-24Permit Number: EP-2021-005320
August 7, 2020
Description: For the erection of an attached structure with roof deck roof deck access structure and deck at the rear 2nd floor level. Size and location as shown on application/planStatus: issuedType: Zoning permitSub Type: New construction addition gfa change; Business Name: Gabriel Deck; Gnome Architects LLCApplicant: Ctw Arlington LLC0Effective Date: 2020-08-07Permit Number: ZP-2020-004067
Current Ownership
Information about the current owner(s).
Taxes Billed
Total Assessed Value$138,300=Land+
Assessed Value$0Additions
Assessed Value$0
In 2023, taxes billed for 1809 18th St were $0, which is 0.00% from latest Total Assessed Value of $138,300.
Property History
1809 18th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1809 18th St
Hazard Risks
Wind262Particulates117Weather113Hail111Hurricane106Tornado102Nat'l Avg100Air Pollution100Ozone95Carb Mono89Earthquake77Lead54
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1809 18th St.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1809 18th St has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
42°F
Summer
Average
Low
65°F
High
85°F
In the winter at 1809 18th St, temperatures range from 27.15°F to 42.23°F with an average of 34.69°F. In the summer, the temperature ranges from 65.41°F to 84.61°F with and average of 75.01°F.
School Information
Public/private schools serving 1809 18th St
Public Schools
Strawberry Mansion High School
Grades: 9-11
1.23 mi
C-
Roxborough High School
Grades: 9-12
4.99 mi
D-
Young Scholars Charter School at Frederick Douglass
Grades: KG-8
0.37 mi
D+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1809 18th St have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Lower North Philadelphia, Philadelphia, PA 19121.
Seasonal Housing units 19121
1%of housing is for seasonal rent.
Daytime Population for 19121
-28%of people during work hours.
Boundary map of Lower North Philadelphia.
Crime Index for 19121
171
171
The crime index in 19121 is 171, which is 1.7 times higher than national average.
Market Trends
Historical market data near 1809 18th St over selected time period.
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