1920 North 18th Street
Description
- Unit Mix: Three spacious 3-bedroom, 1-bath apartments
- Rental Income: $3,850 per month ($46,200 annually)
- Lease Terms: Fully leased through...$46,200 Gross Annual Income – Fully Leased! Prime Investment Opportunity Near Temple University! Discover this exceptional multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $3,850 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025. Property Highlights:
- Unit Mix: Three spacious 3-bedroom, 1-bath apartments
- Rental Income: $3,850 per month ($46,200 annually)
- Lease Terms: Fully leased through end of July 2025, providing stable occupancy
- Condition: Well-maintained with recent updates, attracting quality tenants
- Location: Prime proximity to Temple University, in high demand for student and other high quality rental prospects
Investment Benefits:
- Immediate Income: Proven rental history and dependable cash flow
- Desirable Location: Popular area with strong tenant demand
- Growth Potential: Located in a neighborhood with ongoing development and rising property values
- Turnkey Investment: Minimal maintenance, long-term tenants already secured
This is a rare opportunity to acquire a fully leased, turnkey property in one of Philadelphia's hottest rental markets. Whether expanding your portfolio or starting out, this property promises strong returns and long-term growth potential. Schedule your showing today to explore this outstanding investment!
- Listed by Danielle S. Py-Salas • EXP Realty, LLCP: (484)-430-1777 dpysalas@strealtynetwork.com
- Listed by Guillermo Salas III • EXP Realty, LLCP: (484)-429-6025 gsalas@strealtynetwork.com
Property Details for 1920 North 18th Street
Property Details for 1920 North 18th Street
| Status | Active |
|---|---|
| MLS # | PAPH2405584 |
| Days on Market | 61 |
| Taxes | $5,930 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1915 |
| Lot Size | 0.04 AC / 1,656 SF |
| County | Philadelphia County |
Building
1920 N 18th St
Building Information for 1920 North 18th Street
Property Information for 1920 North 18th Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19121 (19121)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $423,700
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $339,000
- City Town Tax: $2,609
- Land Assessed Value: $84,700
- Clean Green Assessed: No
- Land Use Code: U50
- Zoning: RM1
- Tax Lot: 206
- School Tax: $3,321
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 3
- Other Units: Unit 1,Unit 2,Unit 3
- Type: Unit 1
- Beds Total: 3
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 5
- Type: Unit 2
- Beds Total: 3
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 5
- Type: Unit 3
- Beds Total: 3
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 5
- Annual Rental Income: $46,200
- Building Units Total: 3
- Total Finished SQFT: 2,484.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,484.00
- Total SQFT: 2,484.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Lot Size Source: Assessor
- Lot Size Dimensions: 17.00 x 96.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1073831
- Ground Rent Exists: No
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Tri-County Suburban REALTORS
- List Agent URL: www.guillermosalasteam.com
Property History for 1920 North 18th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1920 North 18th Street
Schools near 1920 North 18th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Young Scholars Frederick Douglass Charter School CharterK to 8 | ||
Strawberry Mansion High School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson 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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Listing Courtesy of EXP Realty, LLC
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.