1720 Fontain St , Philadelphia, PA 19121
Philadelphia, PA 19121
Description
Welcome to 1720 Fontain St - Your Gateway to Prime Investment Opportunity! Nestled just a stone's throw away from Temple University's bustling campus, this remarkable RM-1 zoned, duplex is a beacon of solid income and cash flow. With a stellar track record of full occupancy, this turnkey gem is poised to become your next revenue generator. This meticulously maintained property boasts a strategic location, ensuring swift tenant turnover thanks to its proximity to Temple's Main Campus. Comprising two spacious units, one offering 4 bedrooms and 3 bathrooms, and the other 4 bedrooms and 4 bathrooms. Inside, brand-new kitchens have been thoughtfully installed, elevating the culinary experience for your tenants. The entire building's interior has been freshly painted, providing a crisp, clean canvas for a modern lifestyle. Every room now features new floorings, setting a foundation of style and durability. And the upgrades don't stop there. State-of-the-art lighting graces each apartment, creating an inviting atmosphere for residents. As well as upgraded vanities and bathroom floors. When fully leased, this property can produce an impressive annual income nearing $60,000, and with remarkably low operating expenses, this property commanded a stellar 7.43% cap rate, exceeding market standards. Plus, for your peace of mind, we're offering a generous 6-month builder's warranty. Whether you're a seasoned investor or just embarking on your real estate journey, this building represents a sound addition to your portfolio. Don't miss out on this exceptional opportunity to secure your future in real estate. Act now and make 1720 Fontain St your gateway to financial success!
Details
| Mls | PAPH2391064 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 107 |
| Listing Provided By | Keller Williams Main Line | John Jerome Perez Mangubat I |
Features
| Sq Feet | 2,912 |
|---|---|
| Basement | Y |
| Zoning | RM1 |
| Acreage | 0.02 |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19121 |
| Area | 19121 |
| Community Name | Temple University |
| School District | The School District Of Philadelp |
| Listing VS Median (in Temple University) | |
Price: $525,000 low | high Med: $2,500 SqFt: 2,912 low | high Med: 1,290 $ / SqFt: $180 low | high Med: $2 On Site: 107 low | high Med: 25.000000 | |