2138 N 18th St - Apartments FOR SALE


Philadelphia, PA 19121- North Philadelphia West
$390,000 USD
215-607-3535
2138 N 18th St, Philadelphia, PA for Sale
$390,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

2138 N 18th St
Philadelphia, PA 19121
North Philadelphia West


HIGHLIGHTS

  • Prime Investment Opportunity Near Temple University
  • Fully Updated Duplex with Strong Rental Potential
  • 9 Bedrooms & 3 Full Bathrooms – Ideal for Students & Faculty
  • Projected Combined Monthly Rent: $5,400

OVERVIEW

Investor's Dream Duplex on Temple University Campus! This fully updated duplex, located in the heart of Temple University's campus, offers an exceptional investment opportunity with strong rental potential and versatile living spaces. The first unit spans the first floor and lower level (basement), featuring 3 bedrooms, 1 full bathroom, a kitchen, laundry, and a private yard on the main level. The finished basement provides additional living space, including a common area and an additional room that can serve as a den, workspace, storage, study lounge, or a quiet retreat. With the addition of egress, the finished basement room could be converted into a 4th bedroom, offering even greater potential. This unit offers a projected monthly rent of $1,800. Unit 2 is a bi-level layout encompassing the second and third floors. The second floor includes 3 bedrooms, a full bathroom, a kitchen, and laundry facilities. The third floor features 3 additional bedrooms, another full bathroom, and a private roof deck off the back bedroom with breathtaking views. This spacious unit offers a projected monthly rent of $3,600 if you were to rent each room out for $600/room. Both units are currently in the process of being vacated and will be fixed up to be in rent ready condition for the new owner. With a total of 9 bedrooms and 3 full bathrooms, this property is designed to cater to students and faculty alike, ensuring high demand and consistent cash flow. Additional highlights include a private yard for Unit 1 and a roof deck for Unit 2. With a combined projected monthly rent of $5,400, this turn-key property is the perfect addition to your rental portfolio in a prime location. Don’t miss this incredible opportunity!

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

2

PRICE/UNIT

$195,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2138 N 18Th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

RM1

APN/PARCEL ID

321231800

ASK ABOUT THIS PROPERTY

Maria QuattroneRE/MAXMore Info
215-607-3535

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Maria QuattroneRE/MAXMore Info
215-607-3535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.