1421 N 18th St,PHILADELPHIA, PA 19121
PHILADELPHIA, PA 19121
Description
LOW TAXES + INCOME PRODUCING - Exceptional turn-key investment opportunity in the rapidly developing 19121 neighborhood. This well-maintained triplex features three spacious units, each offering 4 bedrooms and 4 full bathrooms, with every bedroom boasting its own private en-suite bathroom-a highly desirable layout for student housing or shared living arrangements. Each unit also includes in-unit laundry, modern finishes, and functional floor plans designed for comfortable multi-tenant living. The property is fully rented, generating a strong annual rent roll of $66,600, providing immediate and stable cash flow for the next owner. An additional benefit is one year remaining on the tax abatement, helping to keep operating expenses lower in the near term. The property is also professionally managed, offering a seamless transition for investors seeking a turnkey asset. Conveniently located near Temple University, public transportation, and neighborhood amenities, this property is well positioned for continued rental demand. A rare opportunity to acquire a cash-flowing, low-maintenance triplex with an ideal bedroom-to-bathroom layout in a strong rental market.
Details
| MLS # | PAPH2594782 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 2016 |
| Days On Site | 179 |
| Listing Provided By | KW Empower | Angela Coven |
Features
| SQ Feet | 3,836 |
|---|---|
| Units | 3 |
| Zoning | RM1 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Appliances | Dishwasher, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading |
Exterior
| Construction Materials | Brick, Combination, Concrete, Masonry, Mixed, Other |
|---|---|
| Foundation Details | Concrete Perimeter, Brick/Mortar, Stone |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7976 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $629,000 low | high Med: $204,999 sqft: 3,836 low | high Med: 1,290 $ / sqft: $164 low | high Med: $172 On site: 179 low | high Med: 253 | |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $629,000 low | high Med: $204,999 sqft: 3,836 low | high Med: 1,290 $ / sqft: $164 low | high Med: $172 On site: 179 low | high Med: 253 | |
