2139 N 18th St, Philadelphia, PA 19121

$575,000
2,341
SqFt

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List Price
$575,000
Days on Market
54
Status
ACTIVE
MLS#
PAPH2634864
Living Area
2,341
Lot Size (Acres)
0.05
Style
Contemporary
Year Built
2014
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

The property also qualifies for CRA financing, offering as little as 3% down, no PMI, and an interest rate below typical FHA financing. For added peace of mind, an HWA home warranty will be included with the sale. An excellent investment opportunity for buyers seeking a cash-flowing multifamily asset to add to their portfolio. Rare opportunity to acquire a duplex located at the corner of N 18th Street and Susquehanna Avenue, just minutes from the main campus of Temple University. The property is available for purchase individually or as part of a package with 2141 N 18th St, with a combined purchase price of $1,150,000. Both properties feature identical layouts and construction. This well-maintained duplex offers a total of 9 bedrooms and 5 full bathrooms. Unit 1 consists of 5 bedrooms and 3 full bathrooms, while Unit 2 features 4 bedrooms and 2 full bathrooms. The property is rented by the bedroom at $525 per room, generating a current gross monthly income of $4,725. Tenants are responsible for all utilities, including gas, water, and electric, and all units are currently occupied under lease agreements. Conveniently located just blocks from Temple University, the property benefits from strong student rental demand and historically consistent occupancy. Ideal for investors looking for a high-performing income-producing property in a sought-after rental market. Showings are by appointment only. Financial information is available upon request.

Additional Information

Area
19121 (19121)
Subdivision
Temple University
Taxes
$7904
School District
The School District Of Philadelphia
Exterior Features
Exterior Lighting, Street Lights
View
Street
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC. Contact: 8773662213