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www.jayshahrealtor.com
732-421-7863
FOR SALE
$550,000

1939 N 18TH Street
Philadelphia, PA 19121

Duplex
Residential Income
0.02
Acre Lot
1of
Photos
Map
Courtesy: Homestarr Realty
brightmlshomes.com> 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!
PAPH2172504
Duplex, Bi-Level
PHILADELPHIA
PHILADELPHIA
2013
0.02 Acres
Electric Water Heater, Public Water Service
Mason, Stucco
Public Sewer
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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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