Stanton - Lower North

2121 N 18th Street

Philadelphia, PA 19121
MLS# PAPH2295060
$375,000
4 BEDS ∙ 4 BATHS
Active
DAYS ON MARKET: 55

Listing provided courtesy of: Keller Williams Philadelphia

Property Description

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:

    Central Air On Street

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Listing provided courtesy of: Keller Williams Philadelphia. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2024 by BRIGHT MLS. All rights reserved. Listing last updated on 02/26/2024 10:51:23

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