3861 Fairmount Avenue, Philadelphia, PA 19104-1819 $825,000

# of Units: 3
Interior Sq. Ft: 4,200
Acreage: 0.03
Age:1 years
Taxes: $657
MLS#: PAPH2449728
Subdivision: University City
Design/Type:
Other

Description

FULLY OCCUPIED !! Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental and investment markets UNIT #1 is collecting 2100 $. UNIT #2 is collecting 1850 , Unit#3 is collecting 1900$ .. Don't miss the incredible investment opportunity located in walking proximity to Drexel University and UPENN. This triplex offers three (3) luxury condo-style spacious and tastefully designed apartments featuring rustic flooring, stainless-steel appliances, and tons of square footage. Unit #1 is a 3 Bed, 3 Baths WHICH WAS RENTED AT $ 2100. Units #2 is 2 Bed, 2 Baths WAS RENTED@ 1850$. Unit# 3 2 Bed, 2 Baths AND TOP DECK WAS RENTED @ 1900$. Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio. All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown PhiladelphiA. This amazing Triplex gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. There is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity! This potential money machine apartment 's predicted income will be about 6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1 YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.

Taxes: $657
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
90% Forced Air, Natural Gas, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Water - None, Public Sewer

Garage/Parking
None

Interior
Fully Finished Basement

Exterior
Aluminum Siding, Brick Exterior

Contact Information

Listing Courtesy of: HomeSmart First Advantage Realty , (856) 363-3000, hakankarahan@hakankarahan.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/18/2025.