Welcome to your next savvy investment opportunity!

Nestled blocks away from Temple University, this income-producing triplex is a gem. Perfect for seasoned investors looking to expand their portfolio or first-time investors eager to dive into the market. Comprising one 5-bedroom, 4-bathroom unit and two 3-bedroom, 2-bathroom units, this triplex offers modern amenities and open layouts that appeal to students and tenants alike. Each unit features contemporary finishes, galley and wrap-around kitchens, in-unit washer/dryer, ample closet space and more! Unit A has access to a fenced patio, Unit B residents can enjoy the spacious upper deck at the rear and Unit C boasts a sprawling rooftop deck, perfect for entertaining or relaxing under the stars.

Currently fully leased for the 2024-2025 school year, this property generates an impressive gross annual income of $109, 920. With top market rents and 25% estimated operating expenses, the projected net operating income ensures a steady cash flow. Tenants can experience the convenience of living minutes away from popular student attractons like Geasy Field, Temple Trac k and The Liacouras Center. There are approximately 7+ years left on the ten year tax abatements. Information needs to be verified by a buyer with city tax office. Schedule your appointment today!

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on 1809 N 18th St
in Philadelphia, PA
Presented by Jim Romano at
Keller Williams Real Estate-Blue Bell.


Property MLS #PAPH2347194 from BrightMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 11

+ Interior Features

Built-Ins
Combination Kitchen/Living
Recessed Lighting
Floor Plan - Open
Upgraded Countertops
Walk-in Closet(s)
Basement

+ Appliances

Microwave
Dishwasher
Stainless Steel Appliances
Washer/Dryer Stacked
Oven/Range - Electric

+ Heating and Cooling

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

+ Bathrooms

Full Bathrooms: 8

+ Land Info

Lot Size Acres: 0.0370753
Lot Size Square Feet: 1615

+ Garage and Parking

Parking Features: On Street

+ Multi-Unit Info

Number of Units: 3
Number of 3 Bedroom Units: 2
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-1: 4
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2

+ School Information

School District: PHILADELPHIA CITY
+ Display Complete School Details

Strawberry Mansion High School is a public high school located approximately 1.3 miles away.
Map directions

Alliance For Progress Charter School is a public elementary and middle school located approximately 0.2 miles away.
Map directions

AL Mosheh Postive Ed is a private elementary school located approximately 0.3 miles away.
Map directions

+ Other Property Info

Source Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 3861
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2015	$72,322 + $10,278 $82,600	$1,106
2014	$72,322 + $10,278 $82,600	$1,106

+ Reveal Property Sale History

Price Changed 2024-07-23
$962,500
BrightMLS

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Listed 2024-04-30
$1,017,500
BrightMLS

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Sold 2020-06-05
$175,000
Public Record

+ Building and Construction

Total Square Feet Living: 2598
Year Built: 1915
Construction Materials: Brick, Frame, Concrete, Metal Siding
Property Age: 109
Structure Type: Interior Row/Townhouse
House Style: Bi-level
Architectural Style: Interior Row/Townhouse