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1939 N 18TH Street
Philadelphia, PA 19121

Residential Income
Acre Lot
Courtesy: Homestarr Realty, (215) 355-5565> Pennsylvania> Philadelphia> 19121
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 investorâs portfolio! Schedule an appointment today!
Duplex, Bi-Level
0.02 Acres
Electric Water Heater, Public Water Service
Mason, Stucco
Public Sewer
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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