1820 North 18th Street
1820 North 18th Street
$1,110,000
12
12
5,923
5,923
$187
Description
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...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!
- Listed by James J Romano • Keller Williams Real Estate-Blue BellP: 2155206839 jim@suburbs2city.com
- Listed by Christopher C Romano • Keller Williams Real Estate-Blue BellP: 2673930777 st44@kw.com
Property Details for 1820 North 18th Street
Tax ID Number
321223805
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleBi-level
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 05/18/2024 03:47 PM
Property Details for 1820 North 18th Street
Status | Active |
---|---|
MLS # | PAPH2347128 |
Days on Market | 35 |
Taxes | $15,397 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2021 |
Lot Size | 0.04 AC / 1,896 SF |
County | Philadelphia County |
Location
Building Information for 1820 North 18th Street
Stories-Residences4Year Built2021Building Size-Lot Size0.04 AC / 1,896 SF
Payment Calculator
$7,341 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1820 North 18th Street
Property History for 1820 North 18th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1820 North 18th Street
Taxable ValueLand-Additions-Total-
Tax Record2023$14,278 ($1,190 / month)
Home Facts
Beds2Total Finished SqFt5,050 SqFtAbove Grade Finished SqFt5,050 SqFtStories2Lot Size1,896 SqFtStyleCondominiumYear Built2021ZoningRM1CountyPHILADELPHIAAPN32-1-2238-05
Schools near 1820 North 18th Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Young Scholars Frederick Douglass Charter School CharterK to 8 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson Public9 to 12 | ||
Dobbins Avt High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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