New Listing
$190,000
 $1,020 est/mo Sourced by Back At You

4518 Westminster Ave , PHILADELPHIA, PA 19131

PHILADELPHIA, PA 19131

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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 upstairsall 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.

Details

MLS#PAPH2467470
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusACTIVE-BRIGHT
Year1925
Days On Site5
Listing Provided ByKW Empower | Brittany McLaughlin

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,400
BasementY
Story(s)2
ZoningRM1
Acreage0.02
Water FrontYes
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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19131
Area19131 (19131)
Community NameMILL CREEK
School DistrictPHILADELPHIA CITY
Listing VS Median (In MILL CREEK)
Price:
$190,000
low | high
Med:
$0
On site:
5
low | high
Med:
Sourced by Back At You
Listing Updated: April 15, 2025 at 5:27:17 PM PDT