2 months on rocket

Backup Offers

1952 N 18th St, Philadelphia, PA, 19121

$435,000

Home List Price

$5,166*

Closing Credit

0 Baths
3,411 SqFt
$128/SqFt
Multi

Location

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1952 N 18th St, Philadelphia$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built2010
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2405544
Lot Size0.04 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1952 N 18th St

$45,600 Gross Annual Income – Fully Leased! Prime Investment Opportunity Near Temple University! Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow. Property Highlights: - Unit Mix: Two spacious 4-bedroom, 2-bath apartments - Current Rental Income: $3,800 per month ($45,600 annually) - Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income - Condition: Well-maintained and updated, appealing to high-quality tenants - Location: Prime proximity to Temple University, a high-demand area for student and professional rentals Investment Benefits: - Immediate Income: Established rental history with dependable cash flow - Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area - Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation - Turnkey Investment: Minimal maintenance required, with long-term tenants already in place This is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphia’s hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential. Schedule a showing today and explore this exciting investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • 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: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Rt.95 N. to Callowhill St., R on N. Broad St. , L on W. Oxford St. , R on N. 18th. St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $128/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

1952 N 18th St vs Philadelphia

73 DAYS ON ROCKET

+28 Days

$435,000

+$169.6K More

$128/SqFt

-$73 Less

KEY TAKEAWAY

This property is $169.6K more than the Median Sold Price and $73/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: #PAPH2405544

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: 12/22/2024, 10:20:58 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 30, 2011Home Sold
$400,000
Sep 03, 2008Home Sold
$50,000
Jul 18, 2008Home Sold
$35,000

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

$2,239

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,371

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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-944072
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.64 miles

  • Public Charter Grades KG-6

school-card-donut-944073
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-944074
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 majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1952 N 18th St

This home is located at 1952 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 09, 2024 and is currently priced at $435,000.

In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.

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

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