4518 WESTMINSTER AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19131
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $135
Subdivision Mill Creek
MLS Listing ID PAPH2467470
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1925
Annual Tax Amount $1,128
Tax Year 2025
Lot Size 1,000 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
**Investor Special – Fully Renovated PHA-Leased Rental in Mill Creek**
Welcome to **4518 Westminster Avenue**, a turn-key investment property in Philadelphia's Mill Creek neighborhood. This 3-bedroom, 1-bathroom rowhome spans approximately **1,256 square feet** and is currently leased through the **Philadelphia Housing Authority (PHA)** with a projected annual rent roll of **$25,632**—offering reliable, government-backed monthly income from day one.
The property underwent a comprehensive renovation in 2023, including a new roof, all new windows, updated electrical system, fresh paint, new appliances, modern kitchen and bathroom, new flooring throughout, and a new water heater. These major upgrades significantly reduce future capital expenditure and make this a low-maintenance, high-yield asset.
Tenants enjoy an open-concept layout with hardwood floors in the living and dining areas, a contemporary kitchen, and three spacious bedrooms upstairs—all filled with natural light.
Located with easy access to **I-76, MLK Drive, and Kelly Drive**, the property sits in a high-demand rental corridor with proximity to transportation, employment hubs, and green space.
Whether you're looking to expand your portfolio or secure steady passive income, **4518 Westminster Avenue** is a strong buy-and-hold opportunity with immediate cash flow.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Ceramic Tile,Laminate Plank
Exterior
Water Access N
Roof Type Flat
Building
Lot Description Rear Yard
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard