#PAPH2426620, Jasmin Kyanna Johnson, Listing Office: Realty Mark Associates - KOP
$4,857
closing credit¹
1920 N 18th St Philadelphia, PA 19121
Property details
About 1920 N 18th St
$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!
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- MLS Number: PAPH2405584
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Office Email: pa.broker@exprealty.com
- Listing Agent: Danielle S. Py-Salas
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Last updated on: 2/1/2025, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$409,000
1920 N 18th St
$4,857
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 30, 2010 | Home Sold | $380,000 |
Apr 20, 2010 | Home Sold | $97,500 |
Dec 15, 2009 | Home Sold | $60,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $423,700 | $5,930 |
2022 | $423,700 | $5,429 |
2021 | $- | $5,429 |
2020 | $387,900 | $1,016 |
2019 | $375,000 | $982 |
2018 | $302,000 | $701 |
2017 | $302,000 | $701 |
History based on county public records data.
Nearby schools
3
Stephen Girard Elementary School
Public District KG-4
0.2 mi
•1800 Snyder Ave
7
Abram Stockton Jenks School
Public District KG-5
0.7 mi
•2501 S 13th St
5
Francis Scott Key School
Public District KG-6
0.9 mi
•2230 S 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,261. The majority of Philadelphia, PA residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1920 N 18th St in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 2,484 square foot home, which was built in 1915, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $409,000.
While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.