$ 875,000
-
$875,000
Price -
9
Bed -
10
Bath -
4,600
SqFt
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About the Listing KWEMPWR - 3346165,3164347
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.
Listing Highlights
Status
Active
Days on Site
34
Property Type
Multi-Family
MLS ®
PAPH2642984
Year Built
2016
Total Square Footage
4,600
Lot/Acreage
0.04
Interior Details
- Bedrooms: 9
- Bathrooms: 10 Full
- Appliances: Dryer, Refrigerator, Washer
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Hardwood,Carpet
- Above Ground Sq Ft: 4600
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 16 x 93
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Shared Driveway,Off Street,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,821
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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Questions About..
1704 N 18th St Philadelphia, PA 19121
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