Unlock the perfect blend of city living and wealth creation in Philadelphia's highly coveted Fairmount neighborhood. Whether you are looking to occupy one unit and let your tenant pay your mortgage or acquire a high-yield, low-maintenance asset for your portfolio, this well maintained two-unit building located on a fabulous tree… Read More lined street delivers on every front. Both units are completely move-in ready, featuring private, dedicated laundry, ceneral air and modern updates throughout. Thanks to fully separated utilities, two brand-new HVAC units, repointed exterior brickwork, and new carpeting your landlord maintenance obligations are minimized, and operational efficiency is optimized from day one. Unit 1 is a 2 bedroom/ 1 bath ground floor unit with an open kitchen to living room space, a private rear patio, central air, and laundry in the basement which also provides ample storage. Unit 2 is spacious occupying two floors and has 3 bedrooms and 1.5 baths. It is flooded with natural light, has an open living to kitchen space, 3 nice size bedrooms, in unit full size laundry and central air. Low vacancy and easy to rent with current rents below market, this is a wonderful opportunity to own in an appreciable neighborhood and make money now. Tenants and owners alike will love being steps from world-class museums, Fairmount Park, vibrant cafes, organic grocery stores, and local dining favorites plus in the coveted Bache Martin school catchment and one block from the prestigious St. Joe's Prep. Commuting is a breeze with seamless access to Center City transit routes and major highways. Read Less
Courtesy of Stephanie M MacDonald, Compass Pennsylvania, LLC, 610-822-3356
Listing Snapshot
Days Online
2
Last Updated
Property Type
Duplex
Square Ft.
1,547
Lot Size
0.02 Acres
Year Built
1920
MLS Number
PAPH2669234
Additional Details
Basement
Full
Building
Built in 1920, Living area: 1547, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Expenses
Insurance: $2,100
Exterior Features
Patio/Porch Features: Patio(s)
Heating
Forced Air
Income
Gross Income: $42,300, Net Operating Income: $34,241, Apartment Rentals
Interior Features
Combination Kitchen/Living
Lot
0.02 acres, Rear Yard
Owner Pays
Sewer, Water, Taxes - Real Estate, Insurance
Property
Excellent, Other structures: Above Grade, Below Grade
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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