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1939 N 18TH Street

PHILADELPHIA, PA 19121
  • $525,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: PAPH2172504
UPDATED: 35 min ago
$525,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,292
    SQFT
  • $229
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2013
County:

School Ratings & Info

Description

9 Years young, great income-producing, off-campus student housing duplex near Temple University! This well maintained professionally managed property offers a total of 10 bedrooms. Unit 1 (Unit A) is vacant, it's on main level and basement with total of 5 bedrooms and 2.5 bath, featuring hardwood floor in the hall way and kitchen. The main level has 2 bedrooms with kitchen and full bath., the bedroom at the end of the hall way has access to the rear patio. The basement has 3 bedrooms, common area , washer dryer and water heater. Unit 2 (Unit B) fully leased with $2750/mo rent till July 2023 located on the 2nd and 3rd floor. The 2nd floor has common area family room, kitchen, full bath and 2 bedrooms. The 3rd floor has 3 bedrooms with common hall way are with laundry and water heater. The proforma gross annual income is estimated at $66,000 and estimated net operating income about $44,000. Though the property currently has tax abatement it expires in 2023, so the estimated taxes about $7259 is included as an expenses in the estimated net operating income yielding 8% CAP. This building offers excellent investment value and will be a great addition to any investor+GGs portfolio! Schedule an appointment today!

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©2023 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 Kiliszek Real Estate Experts | Keller Williams Midtown Direct. 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: 2023-01-31T07:51:06.887.
www.mynjhomesearch.net/homes/134177842
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1939 N 18TH Street PHILADELPHIA, PA 19121

  • Price: $525,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 35 min ago
  • MLS #: PAPH2172504
0
Beds
0
Baths
0
½ Baths
0.02
Acres
2,292
SQFT
$229
$/SQFT
2013
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
9 Years young, great income-producing, off-campus student housing duplex near Temple University! This well maintained professionally managed property offers a total of 10 bedrooms. Unit 1 (Unit A) is vacant, it's on main level and basement with total of 5 bedrooms and 2.5 bath, featuring hardwood floor in the hall way and kitchen. The main level has 2 bedrooms with kitchen and full bath., the bedroom at the end of the hall way has access to the rear patio. The basement has 3 bedrooms, common area , washer dryer and water heater. Unit 2 (Unit B) fully leased with $2750/mo rent till July 2023 located on the 2nd and 3rd floor. The 2nd floor has common area family room, kitchen, full bath and 2 bedrooms. The 3rd floor has 3 bedrooms with common hall way are with laundry and water heater. The proforma gross annual income is estimated at $66,000 and estimated net operating income about $44,000. Though the property currently has tax abatement it expires in 2023, so the estimated taxes about $7259 is included as an expenses in the estimated net operating income yielding 8% CAP. This building offers excellent investment value and will be a great addition to any investor+GGs portfolio! Schedule an appointment today!
Exterior Features

Architectural Style Bi-Level Construction Materials MasonryStucco Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Excellent 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 2292 Basement DaylightFull Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ Wide Doors Assessment Year 2023 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 801966954648 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 End Of Row/Townhouse Tax Annual Amount 1451.00 Tax Assessment Amount 103700.00 Tax Lot 181 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Homestarr Realty: .


©2023 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 Kiliszek Real Estate Experts | Keller Williams Midtown Direct. 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: 2023-01-31T07:51:06.887.
 
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