3861 FAIRMOUNT AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $205
Subdivision University City
MLS Listing ID PAPH2417566
Style Contemporary
Abv Grd Liv Area 4,200
Originating Board BRIGHT
Year Built 2024
Annual Tax Amount $510
Tax Year 2024
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 16.00 x 90.00
Property Description
UNIT #1 WAS RENTED @ 2100 $. UNIT #2 WAS RENTED @1900$ Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental and investment markets. 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. Unit# 3 is 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 !.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM-1
Rooms
Basement Fully Finished
Interior
Hot Water 60+ Gallon Tank
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water None
Architectural Style Contemporary
Additional Building Above Grade,Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 243014800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard