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Map
$529,070*
●
Multifamily -
Off Market
1939 N 18TH STREET
PHILADELPHIA, PA 19121
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Townhouse
2
Beds
2
Baths
-
$450,000
Jan 13, 2023
$450,000
Mar 6, 2023
-
Active
Multifamily
Stu
-
2,280 ft²
$230/ft²
$525,000
Oct 4, 2022
-
$79/mo
Active
Multifamily
Stu
-
2,341 ft²
$235/ft²
$550,000
Sep 21, 2022
-
$1,712/mo
Active
Multifamily
Stu
-
2,341 ft²
$235/ft²
$550,000
Sep 21, 2022
-
$1,742/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