Philadelphia, PA 19121,1423 N 18TH ST
Philadelphia, PA 19121,1423 N 18TH ST
Philadelphia, PA 19121,1423 N 18TH ST
Philadelphia, PA 19121,1423 N 18TH ST
Philadelphia, PA 19121,1423 N 18TH ST
Philadelphia, PA 19121,1423 N 18TH ST
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$740,000

$775,000

4.5%
Est.Price: ?

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Est. payment /mo

1,880 Sqft Lot


SOLD DATE : 10/23/2017

Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Subdivision Temple University

MLS Listing ID 1000429633

Sold Date 10/23/17

Style Other

HOA Y/N N

Originating Board TREND

Year Built 2017

Annual Tax Amount $112

Tax Year 2017

Lot Size 1,880 Sqft

Acres 0.04

Lot Dimensions 20X94

Property Description

Incredible investment opportunity near Temple University! Introducing 1423 N. 18th Street, this new construction triplex offers 3 separate units with separate meters for electric and quality finishes that will attract great rents. Unit 1 offers the first floor, the full finished basement and the back yard. With 4 bedrooms and 4.5 bathrooms (one in every bedroom) and tons of common living space, in-unit laundry, high efficiency HVAC system, PEX manifold plumbing system this unit will conservatively generate $2200 per month - if not more! The second and third floor units each offer 4 beds and 4 baths with in-unit laundry and an eat in kitchen. These two units will each conservatively generate $2000 in monthly rental income. This property can be a blue chip addition to your investment portfolio! Don't miss out on this cash cow. The home also has a pending tax abatement which will decrease your expenses for the next 10 years. Expected delivery date is in August 2017.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Electric

Heating Electric

Cooling Central A/C

Fireplace N

Heat Source Electric

Laundry Has Laundry

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 471290110

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Michael R. McCann • BHHS Fox & Roach-Center City Walnut
Bought with Raymond M Peslar Jr. • KW Philly
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