1806 N Willington St, Philadelphia, PA 19121

Property Description

Investor Alert! 24-hour notice required for all showings. Twin Opportunity: 1806 and its matching twin, 1808 N Willington St, are new-construction duplexes built together in 2020 and are offered individually or together. Acquire both halves for 4 units, 18 bedrooms and 10 bathrooms side by side under one owner, generating $113,700 in combined gross rent in place. Portfolio Opportunity: This property is also available as part of a larger portfolio, offering investors the flexibility to acquire a single asset or assemble a collection of institutional-quality investment properties steps from Temple University. Fully leased through July 2027, 1806 generates $66,000 in annual gross rental income. Offered at $549,900, it is a 9.02% cap rate on in-place net operating income of $49,579. The property consists of two units totaling 9 bedrooms and 5 bathrooms: Unit 1 — 3 bed / 2 bath — $2,250/mo Unit 2 — 6 bed / 3 bath — $3,250/mo Modern finishes throughout, central air, in-unit laundry, and a roof deck with Center City skyline views. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665182, PAPH2665188, PAPH2665196, PAPH2665198, PAPH2668006, PAPH2668014, PAPH2668026, PAPH2668032, PAPH2672638, PAPH2672640, PAPH2672648, PAPH2672656, PAPH2672658, PAPH2678798, PAPH2678804 and PAPH2686570