• 3861 Fairmount Avenue PHILADELPHIA, PA 19104

  • $890,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1440
    Sqft

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. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK. 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 !.

Property Type :

Multi-Family

Subdivision :

University City

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : None

Heating & Cooling

Cooling: Central A/C

Heating: 90% Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 2024

Structure: Other

New Construction: No

Total Units: 4

Built: 2024

Construction Material: Brick,Aluminum Siding

Architecture: Contemporary

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: 60+ Gallon Tank

Lot Information

Lot Size: 1,440

Dimensions: 16.00 x 90.00

Lot Size (Acres): 0.03

Architectural Style: Contemporary

Main Square Feet: 1,440

Property Information

SQ ft: 4,200

SQ ft (Living Area): 4,200

Total Lot SQ ft: 1,440

Subdivision: UNIVERSITY CITY

Appx. Lot Dimensions: 16.00 x 90.00

Total Acreage: 0.03

New Construction: No

Type: Contemporary

Listing Information

Possession: Immediate

Days Of Market: 98

Tax Information

Annual Tax: $474

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $33,900

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Homeowners Association Information

Direction: GPS

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: None

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: 60+ Gallon Tank

Location Information

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
726 N 37th Street , Philadelphia, PA,19104 $65,000 -- -- 1,138 1138 Sqft
656 N 36th Street , Philadelphia, PA,19104 $124,500 -- -- 1,088 1088 Sqft
4076 Spring Garden Stre.., Philadelphia, PA,19104 $225,000 -- -- 1,617 1617 Sqft
729 N Preston Street , Philadelphia, PA,19104 $69,900 -- -- 879 879 Sqft
4047 W Girard Avenue , Philadelphia, PA,19104 $149,000 -- -- 1,710 1710 Sqft
4438 Chestnut Street , Philadelphia, PA,19104 $1,195,000 -- -- -- 2200 Sqft
3939 Folsom Street , Philadelphia, PA,19104 $64,900 -- -- 1,022 1022 Sqft
3920 Aspen Street , Philadelphia, PA,19104 $150,000 -- -- 1,440 1440 Sqft
610 N Union Street , Philadelphia, PA,19104 $740,000 -- -- 1,590 990 Sqft
4028 Market Street , Philadelphia, PA,19104 $775,000 -- -- 2,711 1416 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/16/2024 @ 18:07

MLS: PAPH2313704
LISTED BY: Gazi Ataseven , HomeSmart Realty Advisors
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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