2121 N 18th St

Philadelphia PA 19121

2400 sq. ft.

1097 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Welcome to 2121 N. 18th Street, a newly constructed and expansive 2400 sq ft property located in the vibrant Temple University area. Seller?s Assist available for approved sale?s price. This exceptional 4-bedroom, 3.5-bathroom townhome, situated just a 10-minute walk from campus, is an outstanding choice for families and shrewd investors looking for a property with significant rental income potential. Previously, this property has generated $3200 in rental income, with the potential to increase to $3600 by including the basement. What sets this property apart is its RM1 zoning and the unique opportunity it presents: it can be easily converted into a duplex, (one 2 bedroom, 1 bath unit, one 3-bedroom 3 bath unit) offering even more flexibility and income potential. Comps for multifamily selling for 495k and up in the footprint area. The interior of the home boasts a well-illuminated living room that flows seamlessly into the dining area and a modern kitchen. The kitchen is equipped with high-end LG stainless steel appliances, calcutta quartz countertops, and a spacious island, perfect for casual dining. Outside, a private yard creates a perfect backdrop for summer gatherings. The second floor houses a large bedroom with an en-suite bathroom, alongside two additional spacious bedrooms and a full bathroom. The third floor is dedicated to a luxurious master suite featuring porcelain tiles, a walk-in shower with double shower heads, and a soothing soaking tub. Investors will find the RM1 zoning particularly appealing for exploring multifamily conversions and cash-out refinancing opportunities post-construction. The lower level includes a substantial basement that can serve as a home office, guest room, or additional living space to generate extra income. For your comfort and assurance, all appliances come with a 3-year home warranty, and the heating and boiler systems are brand new. This property not only offers contemporary comforts but also enjoys an unbeatable location near Temple University, with convenient access to public transportation. Don?t miss your chance to own this versatile and income-generating property!

Features

4 bedrooms

4 bathrooms

2400 sq. ft. floor area

1097 sq. ft. lot size

Townhouse

Property history for 2121 N 18th St

2022

Sold

$225,000

10 Nov 2022 by Cassidee Curran, of Compass RE

2015

Sold

$225,000

06 Nov 2015 by Iris Felder, of Coldwell Banker Preferred - Old City Office

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