4518 Westminster Avenue
Philadelphia, PA 19131
Listing provided courtesy of: KW Empower
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.
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Features:
Ceramic Tile, Laminate On Street Public Sewer
| Price: | $190,000 |
| Beds: | 3 |
| Baths: | 1 |
| Interior (SQFT): | 1,400 |
| Lot Size (SQFT): | 871 |
| Property Type: | Residential |
| Year Built: | 1925 |
| Subdivision: | Mill Creek |
Listing provided courtesy of: KW Empower. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 09:12:24
