MLS® ID: PAPH825704

3818 N 18TH STREET

PHILADELPHIA, Pennsylvania, 19140

$165,000 Active
  • 6 Beds
  • 2 Baths
  • 1965 SQFT
Turnkey rental with cap rate over 10. 6 bed 2 bath home with long term PHA Section 8 tenant with rent of $1850 per month, $0 tenant contribution. Full rent direct deposited into Landlord account by PHA the first of the month with no rent to collect from tenant. large porch and full walk out basement. Many improvements, new boiler 2016, new roof 2019, new cabinets and counter 2019, new carpet 2019. Lease recently renewed for 2 years and property recently inspected and approved. Rent recently increased to $1850 based upon many improvements. Get a mortgage for 80% and receive over 25%cash on cash return! This one is a money maker so dont pass it up. Zoned RM1 multi family so buyer may wish to devel to multu in family in the future.
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Listing courtesy of RE/MAX Discovery

Amenities

  • Full baths
    2
  • Half baths
    0
  • Full Baths Range
    2 Baths
  • Total Baths
    2
  • Zip
    19140
  • Office name
    RE/MAX Discovery
  • Subdivision
    NICETOWN-TIOGA
  • SQFT
    1965
  • Bedrooms
    6
  • Property type
    Residential
  • Zoning type
    RM1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1940
  • Lot size
    0.03
  • Sewer
    Lateral/Tap off Main,Public Sewer
  • Heating
    Steam
  • Agent name
    Coren J Wise
  • Purchase Type
    Active
  • Price Range
    $100k-$200k
  • Square Feet Range
    1500-2000 sq ft.
  • Bedrooms Range
    6 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    WISELO
  • Agent ID
    3134603

Location

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