1805 N 18th St, Philadelphia, PA 19121

$510,000
: 2,640
SqFt

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List Price: $510,000
Status: ACTIVE
Days on Market: 44
Price Change: ▼ $9,900 1790980600
MLS#: PAPH2662184
Subtype: Multi-Family
Style: Contemporary
Year Built: 2011
Living Area: 2,640
Lot Size: 1,615
Acres: 0.04
MLS Area Major: 19121 (19121)

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Property Description

Fully rented duplex near Temple University offering immediate rental income and strong investment potential. Both units are currently leased at $2,400 per month each, providing $4,800 in monthly rental income, or $57,600 annually. At the asking price of $520,000, the property offers an approximate 11.1% gross rental yield. Built in 2011, this well-maintained duplex features hardwood floors, newer HVAC systems, off-street parking for two vehicles, and a private rear patio. The full unfinished basement offers approximately 7–8 ft ceilings and additional potential for storage or future finished space, subject to applicable zoning, permitting, and approvals. Conveniently located near Temple University's campus and public transportation, this property offers an attractive opportunity for investors seeking an established rental property with tenants already in place. Buyer to independently verify all rental, zoning, permitting, and development information.

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Additional Information

Taxes: $6,093
Property Description: Contemporary
Zoning: RM1
Heating: Forced Air
Air Conditioning: Central Air
Foundation: Concrete Perimeter
Parking Features: Concrete Driveway, Stone Driveway
School District: Philadelphia City