1809 North 18th Street
1809 North 18th Street
$1,017,500
11
8
2,598
2,598
$392
Description
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...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!
- 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 1809 North 18th Street
Tax ID Number
321213601
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleBi-level
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 05/13/2024 11:51 AM
Property Details for 1809 North 18th Street
Status | Active |
---|---|
MLS # | PAPH2347194 |
Days on Market | 32 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.04 AC / 1,615 SF |
County | Philadelphia County |
Location
Building Information for 1809 North 18th Street
Stories-Residences3Year Built1915Building Size-Lot Size0.04 AC / 1,615 SF
Payment Calculator
$5,553 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1809 North 18th Street
Property History for 1809 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 1809 North 18th Street
Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt2,598 SqFtAbove Grade Finished SqFt2,598 SqFtStories3Lot Size1,615 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN32-1-2136-01
Schools near 1809 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 | ||
The U School: Innovative Lab 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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