$ 350,000
-
$350,000
Price -
3
Bed -
3
Bath -
2,055
SqFt -
0.03
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing MARVEN1 - 3352185
Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $350,000 OBO, this legally zoned duplex is a fully occupied, income producing property, perfect for investors looking to expand their portfolios with an established rental asset. The upper unit features 3 bedrooms and 2 full bathrooms, currently leased at $1,825 per month, while the lower unit offers 1 bedroom and 1 full bathroom, leased at $1,115 per month to a dependable long term tenant who has occupied the property for six years. Both units have reliable tenants with excellent payment histories, consistently paying rent on time without issues. Generating $2,940 in monthly rental income and $35,280 annually, this property offers immediate rental revenue without the hassle of securing new tenants. The owner has completed several renovations, and both units feature electric heating, individual washers and dryers, and appliances included with the sale. Conveniently situated in an established West Philadelphia rental market, the property provides easy access to public transportation, shopping, restaurants, and University City, making it an attractive location for renters. Whether you're a seasoned investor or just beginning to build your real estate portfolio, this property offers consistent rental income, established tenancy, and long term appreciation potential. Don't miss your opportunity to acquire an already performing multifamily investment! Showings require advance notice as both units are tenant occupied.
Listing Highlights for 4815 Fairmount Ave
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
PAPH2681616
Year Built
1925
Total Square Footage
2,055
Lot/Acreage
0.03
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Washer, Dryer
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2055
- Basement: Poured Concrete
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 15.00 x 87.00
- Zoning: Legal Duplex
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,619
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2027
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
4815 Fairmount Ave Philadelphia, PA 19139
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
