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1702 N 18th Street
Philadelphia, PA 19121

$599,900 - Status: PENDING
SQFT: 4,400
MLS# PAPH2642972

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. 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 (currently rented under market-value), 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 fresh 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. 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.

Property Features

MLS#: PAPH2642972
Zip: 19121
Subdivision:
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Yes
Basement: Fully Finished
Cooling: Central A/C
Days on Site: 122
Fuel Type: Electric
Heating: Forced Air
Home Style: Straight Thru
Lot Size: 0.03 acres
Taxes: $3,168
Year Built: 2016

Feature Descriptions

Additional Structures: Above Grade
Appliances: Dryer, Refrigerator, Washer
Exterior: Brick, Stucco
Flooring: Hardwood, Carpet
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Shared Driveway
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Three Bedroom Units: 1
Total Garage/Parking Spaces: 3
Units: 3
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

1702 N 18th Street | MLS# PAPH2642972

This multi-family property located at 1702 N 18th Street, Philadelphia, PA 19121 is currently listed for sale with an asking price of $599,900. N 18th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on askursky.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: KW Empower
Agency Phone: 2156273500

Shown By

Agent Name: Amy Skursky
Agent Phone: (570) 592-5512
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Amy Skursky (570) 592-5512 amy@lewith-freeman.com

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Estimated Payment

$ 3,855.12 per month $3,416.15 Principal & Interest $264.00 Property Tax $174.97 Homeowner's Insurance

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