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2016 N 18th St

Philadelphia PA 19121

0.02 ac.
Multi-Family
Currently for sale - view listing

Overview

Incredible turnkey investment opportunity at TU located in the heart of off-campus. This 8 bedroom duplex was fully renovated in 2012 and has been well cared for as a student rental property. The building includes hardwood flooring, private outdoor access, spacious bedrooms, and a convenient location within walking distance to campus and public transportation. Both units are rented with leases in place through July 2023 allowing for the owner to cash flow immediately after closing. There is significant room to increase rents over the next several years as the area continues to develop and an opportunity for cosmetic updates throughout. The landlord recently installed a new HVAC system in unit 2 in February of 2021. Matterport virtual tours are available of both units. Property can also be sold as a package with 1838 n 18th Street and 1831 N 18th Street.

Features

0.02 ac. lot size
Multi-Family

Property history for 2016 N 18th St

2016
Sold
$450,000
18 Aug 2016 by Stephen Stafford, of Coldwell Banker Preferred - Center City

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