Residential > Multi-family
Active
10/07/2024
List Price
$435,000$128/ft²
1952 18th St
Philadelphia, PA 19121
- 6Beds
- 3Baths
- 3,411ft²Living Area
- 1,742ft²Lot Size
- -Pool
- -Car
- 2010Year Built
- 64DOM
- 6Permits
1952 18th St, Philadelphia, PA 19121 is a 6 bed, 3 bath, 3,411 ft² multi-family home house built in 2010 on a 0.040 acre lot with 6 construction permits. This multi-family home is currently listed for $435,000, and it was last sold in 2011 for $400,000.
MLS Description
The listing agent's description. Original Listing
$45,600 Gross Annual Income – Fully Leased!
Prime Investment Opportunity Near Temple University!
Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow.
Property Highlights:
- Unit Mix: Two spacious 4-bedroom, 2-bath apartments
- Current Rental Income: $3,800 per month ($45,600 annually)
- Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income
- Condition: Well-maintained and updated, appealing to high-quality tenants
- Location: Prime proximity to Temple University, a high-demand area for student and professional rentals
Investment Benefits:
- Immediate Income: Established rental history with dependable cash flow
- Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area
- Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation
- Turnkey Investment: Minimal maintenance required, with long-term tenants already in place
This is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphia’s hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential.
Schedule a showing today and explore this exciting investment opportunity!
Listing Agents
The listing agent for 1952 18th St is Danielle Py-Salas.
DP
Danielle Py-Salas
EXP Realty, LLC
Phone: (888) 397-7352
Permits
1952 18th St has 6 permit records.
Permit History
6
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$7,838.88From latest Total Assessed Value1.4%Total Assessed Value$560,000=Land+
Assessed Value$112,000Additions
Assessed Value$448,000
In 2023, taxes billed for 1952 18th St were $7,838.88, which is 1.40% from latest Total Assessed Value of $560,000.
Property History
1952 18th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1952 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 1952 18th St.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1952 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 1952 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 1952 18th St
Public Schools
Strawberry Mansion High School
Grades: 9-11
1.16 mi
C-
Roxborough High School
Grades: 9-12
4.86 mi
D-
Young Scholars Charter School at Frederick Douglass
Grades: KG-8
0.31 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 1952 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 1952 18th St over selected time period.
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