Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1925
Sq.Footage
1,400
**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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.02
-
Property Type
Residential
-
Architectural Style
Traditional
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$165,000
-
Tax Amount
1128.0
-
Zoning
Residential Multifamily
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Brittany McLaughlin , KW Empower
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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