See Home Value
$529,070*
Multifamily - Off Market

1939 N 18TH STREET

PHILADELPHIA, PA 19121
bedrooms
Studio
bathrooms
0 Bath
square feet
2292 Sqft
$473,000 - $577,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

9 Years young, great income-producing, off-campus student housing duplex near Temple University! This well maintained professionally managed  property offers a total of 10 bedrooms.  Unit 1 (Unit A) is vacant, it's on main level and basement with total of 5 bedrooms  and 2.5 bath, featuring hardwood floor in the hall way and kitchen.  The main level has 2 bedrooms  with kitchen and full bath., the bedroom at the end of the hall way has access to the rear patio.    The basement has 3 bedrooms, common area , washer dryer and water heater.  Unit 2 (Unit B) fully leased with $2750/mo rent till July 2023 located on the 2nd and 3rd floor.  The 2nd floor has common area family room, kitchen, full bath and 2 bedrooms.  The 3rd floor has 3 bedrooms with common hall way are with laundry and water heater.  The proforma gross annual income is estimated at $66,000 and estimated  net operating income about $44,000.  Though the property currently has tax abatement it expires in 2023, so the estimated taxes about $7259 is included as an expenses in the estimated net operating income yielding 8% CAP.  This building offers excellent investment value and will be a great addition to any investor's portfolio! Schedule an appointment today!

The manager has listed the unit size as 2292 square feet.
Unit Size
2,292Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$229
Property Type
Multifamily
Property Taxes
$1,451
HOA Dues
-
Year Built
2013

Price History

Date / Event Date Event Price
May 4, 2023 No longer available -
No longer available
Dec 7, 2022 Price Decreased $525,000
↓ $25K (4.6%)
Price Decreased
Oct 22, 2022 Listed $550,000
Listed

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Masonry
Stucco


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
3 Baths
-
$538,000 Feb 16, 2023
$538,000 Mar 22, 2023
-
Townhouse
3 Beds
2 Baths
-
$499,000 Sep 6, 2022
$499,000 Mar 14, 2023
-
Townhouse
4 Beds
4 Baths
-
$505,000 Jan 3, 2023
$505,000 Mar 10, 2023
-
House
4 Beds
5 Baths
-
$515,000 Oct 8, 2015
$515,000 Mar 30, 2016
$260/mo
Townhouse
3 Beds
2 Baths
-
$500,000 Feb 3, 2023
$500,000 Mar 6, 2023
-
Townhouse
2 Beds
2 Baths
-
$450,000 Jan 13, 2023
$450,000 Mar 6, 2023
-
Multifamily
Stu
-
2,280 ft²
$230/ft²
$525,000 Oct 4, 2022
-
$79/mo
Multifamily
Stu
-
2,280 ft²
$215/ft²
$490,000 Jan 20, 2023
-
$188/mo
Multifamily
Stu
-
2,341 ft²
$235/ft²
$550,000 Sep 21, 2022
-
$1,712/mo
Multifamily
Stu
-
2,341 ft²
$235/ft²
$550,000 Sep 21, 2022
-
$1,742/mo
Multifamily
Stu
-
2,112 ft²
$249/ft²
$525,000 Sep 7, 2022
-
$995/mo
Multifamily
Stu
-
2,475 ft²
$214/ft²
$529,999 Feb 28, 2023
-
$813/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1939 North 18th Street 1939 North 18th Street, Philadelphia, PA 19121
  • 1 Unit for Sale
More about this Building
1939 North 18th Street
Want to find out who owns 1939 North 18th Street, Philadelphia, PA 19121? Get detailed property transactions here .

About North Philadelphia


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