4518 Westminster Ave, PHILADELPHIA, PA

$140,000

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3

Beds

1

Bath

1,400

Square feet

0.02

Acres

About 4518 Westminster Ave

**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 of 4518 Westminster Ave

MLS® # PAPH2467470
Price $140,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,400
Acres 0.02
Year Built 1925
Type Residential
Sub-Type Interior Row/Townhouse
Style Traditional
Status Active

Community Information

Address 4518 Westminster Ave
Area 19131
Subdivision MILL CREEK
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19131

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling None
Has Basement Yes
Basement Full
Fireplace No
# of Stories 2
Stories 2 Story

Exterior

Lot Description Rear Yard
Roof Flat
Foundation Stone

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed April 15th, 2025
Days on Market 185
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Empower

Listing Map

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