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Backup Offers

1950 N 18th St, Philadelphia, PA, 19121

$440,000

Home List Price

$5,225*

Closing Credit

0 Baths
3,411 SqFt
$129/SqFt
Multi

Location

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1950 N 18th St, Philadelphia$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built2010
HeatingCentral
CoolingCentral Air
BasementYes
MLS #PAPH2407416
Lot Size0.04 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1950 N 18th St

$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, long-term tenants already secured This is a rare opportunity to acquire a fully leased, turnkey property in one of Philadelphia's hottest rental markets. Whether expanding your portfolio or starting out, this property promises strong returns and long-term growth potential. **Schedule your showing today to explore this outstanding investment!**

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2010
  • Living Area: 3,411 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Danielle S. Py-Salas

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $129/SqFt

Tax Information:

  • Annual Amount: $8,305
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1950 N 18th St vs Philadelphia

69 DAYS ON ROCKET

+24 Days

$440,000

+$174.6K More

$129/SqFt

-$72 Less

KEY TAKEAWAY

This property is $174.6K more than the Median Sold Price and $72/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2407416

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 397-7352
  • Listing Agent: Danielle S. Py-Salas

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2011Home Sold
$400,000
Jul 30, 2009Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,305 -
2019$1,143$573,500
2018$943$472,800
2017$943$472,800

History based on county public records data.

Payment Calculator

$2,264

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4488504
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.64 miles

  • Public Charter Grades KG-6

school-card-donut-4488505
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-4488506
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 1.05 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,759. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1950 N 18th St

This home is located at 1950 N 18th St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 3,411 square foot home, which was built in 2010, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $440,000.

Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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