
$51, 600 Gross Annual Income Fully Leased! Prime Investment Opportunity Near Temple University! Discover this exceptional multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $4, 300 in monthly income, this well-maintained building offers immediate, reliable cash flow through July 2025. Property Highlights: - Unit Mix: Two spacious 4-bedroom, 4-bath apartments - Rental Income: $4, 300 per month ($51, 600 annually) - Lease Terms: Fully leased through July 2025, providing stable occupancy - Condition: Well-maintained with recent updates, attracting quality tenants - Location: Prime proximity to Temple University, in high demand for student and other high quality rentals Investment Benefits: - Immediate Income: Proven rental history and dependable cash flow - Desirable Location: Popular area with strong tenant demand - Growth Potential: Located in a neighborhood with ongoing development and rising property values - Turnkey Investment: Minimal maintenance
Extra Information for 1950 N 18th St Philadelphia, PA
- Seller Type:
- Category: Single-Family Houses
- Conditions: Resale
- Listed Date: Oct 14, 2024
