1702 N 18TH ST, Philadelphia, PA 19121
1702 N 18TH ST, Philadelphia, PA 19121
1702 N 18TH ST, Philadelphia, PA 19121
1702 N 18TH ST, Philadelphia, PA 19121
1702 N 18TH ST, Philadelphia, PA 19121
1702 N 18TH ST, Philadelphia, PA 19121
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Listed by Rayma Abdallah • KW Empower
$ 725,000
Est. payment | /mo

4,400 SqFt


Save
$ 725,000
Est. payment | /mo
Save

4,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $164

MLS Listing ID PAPH2642972

Style Straight Thru

Abv Grd Liv Area 4,400

Year Built 2016

Available Date 2026-07-03

Annual Tax Amount $3,168

Tax Year 2025

Lot Size 1,508 Sqft

Acres 0.03

Lot Dimensions 16.25 x 92.81

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

FULLY LEASED THROUGH THE 2026/2027 SCHOOL YEAR and generating $75,600 in annual rental income, this stabilized triplex presents an outstanding turnkey investment opportunity in one of Philadelphia's strongest student rental markets. Producing $6,300 per month with tenants responsible for all utilities, the property offers an impressive 6.1% cap rate and immediate, predictable cash flow from day one. Located just a 10-minute walk from Temple University, the building features three well-designed units consisting of a 5-bedroom, 4-bath residence leased for $2,500/month, a 3-bedroom, 2-bath residence leased for $1,200/month, and a 6-bedroom, 4-bath residence leased for $2,600/month. Additional investor-friendly features include three shared off-street parking spaces, a fully finished basement, private rear patio, in-unit washer and dryer, and hardwood and carpet flooring.

Each unit offers spacious open-concept living areas, modern kitchens with espresso shaker cabinetry, quartz countertops, and ample cabinet space, along with multiple contemporary bathrooms featuring tiled walk-in showers and updated fixtures. Recessed lighting, generous bedroom layouts, dedicated laundry, and durable finishes throughout provide the amenities today's tenants expect. Beyond the property, residents enjoy convenient access to Temple University, Broad Street, SEPTA's Broad Street Line and Regional Rail, I-76 and I-676, Fairmount Park, Kelly Drive, the Schuylkill River Trail, The Met Philadelphia, Fresh Grocer, Aldi, Planet Fitness, and a growing collection of neighborhood restaurants, cafés, and everyday conveniences. Combining immediate income, strong rental history, large bedroom counts, tenant-paid utilities, and a highly desirable location near campus, this is a rare opportunity to acquire a fully stabilized, income-producing asset with proven performance.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Carpet

Equipment Dryer, Refrigerator, Washer

Fireplace N

Appliance Dryer, Refrigerator, Washer

Heat Source Electric

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 4400

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471304120

Ownership Fee Simple

SqFt Source 4400

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1702 N 18TH ST