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**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.
Property Type(s):
Condo/Townhouse/Co-Op
Last Updated | 4/15/2025 | Tract | MILL CREEK |
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Year Built | 1925 | Community | 19131 (19131) |
County | PHILADELPHIA |
SCHOOLS
School District | PHILADELPHIA CITY |
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Additional Details
AIR | None |
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APPLIANCES | Gas Water Heater |
AREA | 19131 (19131) |
BASEMENT | Full, Yes |
HEAT | Forced Air, Natural Gas |
LOT | 871 sq ft |
LOT DESCRIPTION | Back Yard |
LOT DIMENSIONS | 14.00 x 71.00 |
PARKING | On Street |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Traditional |
SUBDIVISION | MILL CREEK |
TAXES | 1128 |
WATER | Public |
ZONING | Residential Multifamily |
Location
Listing provided by KW Empower

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Data last updated: 4/15/25 6:17 PM PDT
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