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MLS: #PAPH2612524, Listed By: Benjamin Wong, BHHS Fox & Roach-Blue Bell, Source:Bright MLS

402 Fairmount Avenue

PHILADELPHIA, PA 19123
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Bed 2

Bed

Bath 0

Bath

SqFt3,150

Sqft

Acres0.03

Acre(Lot)

Welcome to 402 Fairmount Avenue, a rare opportunity to own a four unit property in the heart of Northern Liberties, one of Philadelphia’s most desirable and walkable neighborhoods. This versatile property is ideal for an owner occupant, first time homebuyer looking to house hack, or an investor seeking immediate rental income with long term upside. Three of the four units are currently rented, providing steady income from day one, while one unit has been intentionally left vacant to allow flexibility for the next owner. This creates an excellent opportunity for an owner occupant to move in and take advantage of low down payment financing options while offsetting expenses with rental income. The first floor offers a unique layout with potential for a private residence, studio, or possible business or retail use, subject to buyer verification with the City of Philadelphia. The space was historically used as retail decades ago, adding to the property's flexibility and potential. A private courtyard adds additional value and can be enjoyed personally or potentially incorporated into a business setting, with access through the common area. The second and third floor rear units are both well maintained one bedroom apartments with functional layouts. The front unit spans the second and third floors and features a spacious two bedroom, two full bathroom layout. Enter through the second level to find the kitchen, dining area, living room, and private balcony. The third level includes a large bedroom, full bathroom, walk in closet, and in unit washer and dryer, with an additional bedroom located on the top floor. This property has been owned by the same family for nearly 100 years and has been well maintained over time. A brand new PVC sewer line has recently been installed, adding peace of mind for the next owner. Located in Northern Liberties, you are within walking distance to popular restaurants, cafes, shops, and nightlife, with convenient access to Center City and major transportation routes. This is a prime location with strong demand from both renters and homeowners. A true multi use opportunity offering flexibility, character, and income potential. Property is being sold as is.

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Detail Ic Property Details

Property Type : Residential Income

Price : $900,000

AD Id : 77750193

MLS Id : PAPH2612524

Beds : 2

Lot Size : 0.03 Acre

Living Area Size : 3,150

Year Built : 1920

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air, Radiant Has Cooling: Yes Cooling: Central Air, Window Unit(s), Electric

  • Building Information

    Year Built: 1920 Building Area Total: 3150 Patio And Porch Features: Patio Pool Features: None Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 20.00 x 65.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1368

    Property Information

    Subdivision: NORTHERN LIBERTIES Source Property Type: Residential Income Postal Code Plus 4: 2852 Property SubType: Quadruplex Property Age: 106

  • Listing Price Information

    Listing Price: $900000

  • Tax Information

    Parcel Number: 056143100 Tax Lot: 195 Tax Year: 2025 Annual Tax: $10155

  • Parking Information

    On Street

  • Location Information

    Direction: Spring Garden Street and N 2nd Street - Go towards to 3rd Street, turn right N 3rd Street, and make a left on Fairmount. The property is on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
944 New Market Street, Philadelphia, PA, 19123 $1,000,000 4 -- 3,182 3,182 SqFt
212 Fairmount Avenue, Philadelphia, PA, 19123 $549,944 3 -- 700 700 SqFt
225 Green Street, Philadelphia, PA, 19123 $795,000 6 -- 2,760 2,760 SqFt
331 W Girard Avenue, Philadelphia, PA, 19123 $549,000 1 -- 2,196 2,196 SqFt
808 N 4th Street, Philadelphia, PA, 19123 $1,750,000 6 -- 4,019 4,019 SqFt
1136 N 4th Street, Philadelphia, PA, 19123 $549,000 4 -- 1,802 1,802 SqFt
1138 N 4th Street, Philadelphia, PA, 19123 $579,000 4 -- 1,854 1,854 SqFt
413 Fairmount Avenue, Philadelphia, PA, 19123 $759,000 4 -- 4,296 4,296 SqFt
923 Spring Garden Street, Philadelphia, PA, 19123 $779,000 4 -- 2,836 2,836 SqFt
933 Spring Garden Street, Philadelphia, PA, 19123 $779,000 4 -- 2,304 2,304 SqFt

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 ByOwner 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/18/2026 @ 14:27

MLS: PAPH2612524 LISTED BY: Benjamin Wong, BHHS Fox & Roach-Blue Bell 215-542-2200 SOURCE: Bright MLS

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