1704 N 18TH St, Philadelphia, PA 19121

Sqft
4,600

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKW Empower
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Overview

This FULLY OCCUPIED four-unit investment property offers a rare opportunity to generate immediate cash flow just a short walk from Temple University. LEASED THROUGH THE 2026/2027 SCHOOL YEAR, the property produces $7,300 per month ($87,600 annually) with tenants paying all utilities, resulting in an attractive 6.1% cap rate. The unit mix includes Unit 1: 5 bedrooms, 4 bathrooms and Units 2 to 4: 3 bedrooms, 2 bathrooms each, making it well-positioned for consistent student housing demand. Residents also benefit from three shared off-street parking spaces, a valuable amenity in this highly sought-after location. Inside, each residence showcases spacious open-concept living areas with rich hardwood flooring, contemporary finishes, recessed lighting, dark espresso interior doors, and well-appointed kitchens featuring shaker cabinetry, quartz-style countertops, black appliance packages, and generous cabinet storage. Plush carpeting creates comfortable bedroom retreats, while stylish bathrooms feature walk-in glass showers with oversized charcoal tile, pebble-style shower flooring, and modern vanities. Additional highlights include a fully finished basement, dedicated laundry with Samsung washer and dryer, included refrigerators, washers, and dryers, and a private rear concrete patio enclosed by mature landscaping for added outdoor enjoyment.

Located approximately a 10-minute walk to Temple University's main campus, this property sits in one of Philadelphia's strongest rental markets with exceptional convenience. Commuters enjoy quick access to Broad Street, I-676, I-76, and Roosevelt Boulevard, while nearby SEPTA Broad Street Line stations, regional rail service, and multiple bus routes make traveling throughout the city effortless. The neighborhood is surrounded by everyday conveniences, including Fresh Grocer, ALDI, restaurants and cafés along Cecil B. Moore Avenue and Broad Street, Temple University Hospital, and nearby fitness options. Outdoor recreation is just minutes away at Fairmount Park, Smith Memorial Playground, and the Schuylkill River Trail, while Center City, the Philadelphia Museum of Art, Boathouse Row, and numerous dining, shopping, and entertainment destinations are all within a short drive, making this an outstanding addition to any investment portfolio.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
4,600
Lot size (acres)
0.04
Year built
2016

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2026)
$7,821

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2642984 Last checked:

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