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2016 N 18TH Street

PHILADELPHIA, PA 19121
  • $449,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: PAPH2111038
UPDATED: 105 min ago
$449,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,958
    SQFT
  • $229
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2012
County:

School Ratings & Info

Description

Incredible turnkey investment opportunity at TU located in the heart of off-campus. This 8 bedroom duplex was fully renovated in 2012 and has been well cared for as a student rental property. The building includes hardwood flooring, private outdoor access, spacious bedrooms, and a convenient location within walking distance to campus and public transportation. Both units are rented with leases in place through July 2023 allowing for the owner to cash flow immediately after closing. There is significant room to increase rents over the next several years as the area continues to develop and an opportunity for cosmetic updates throughout. The landlord recently installed a new HVAC system in unit 2 in February of 2021. Matterport virtual tours are available of both units. Property can also be sold as a package with 1838 n 18th Street and 1831 N 18th Street.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T00:00:30.563.
www.locomusings.com/homes/128256838
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2016 N 18TH Street PHILADELPHIA, PA 19121

  • Price: $449,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 105 min ago
  • ID#: PAPH2111038
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,958
SQFT
$229
$/SQFT
2012
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
Incredible turnkey investment opportunity at TU located in the heart of off-campus. This 8 bedroom duplex was fully renovated in 2012 and has been well cared for as a student rental property. The building includes hardwood flooring, private outdoor access, spacious bedrooms, and a convenient location within walking distance to campus and public transportation. Both units are rented with leases in place through July 2023 allowing for the owner to cash flow immediately after closing. There is significant room to increase rents over the next several years as the area continues to develop and an opportunity for cosmetic updates throughout. The landlord recently installed a new HVAC system in unit 2 in February of 2021. Matterport virtual tours are available of both units. Property can also be sold as a package with 1838 n 18th Street and 1831 N 18th Street.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1958 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Heat Pump(S) Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2021 Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 801528241640 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 5409.00 Tax Assessment Amount 386400.00 Tax Lot 206 Vacation Rental YN No Water Source Public Year Built Effective 2012 Zoning Rm-1 Zoning Description Zoned As 2 Unit Residential Building

Listing courtesy of Jbmp Group.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T00:00:30.563.
 
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