Homes for sale - 3861 FAIRMOUNT AVE, Philadelphia, PA 19104

Philadelphia, PA 19104,3861 FAIRMOUNT AVE

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$865,000

Est. payment - /mo

4,200 SqFt

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UPDATED:

11/06/2024 06:14 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $205

Subdivision University City

MLS Listing ID PAPH2417566

Style Contemporary

Abv Grd Liv Area 4,200

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $510

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 16.00 x 90.00

Property Description

UNIT #1 WAS RENTED @ 2100 $. UNIT #2 WAS RENTED @1900$ 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 WHICH WAS RENTED AT $ 2100. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK WAS RENTED @ 1900$. Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio. All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown PhiladelphiA. This amazing Triplex gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. There is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity! This potential money machine apartment 's predicted income will be about 6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1 YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM-1

Rooms

Basement Fully Finished

Interior

Hot Water 60+ Gallon Tank

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water None

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 243014800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Gazi Ataseven • HomeSmart Realty Advisors

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

3861 FAIRMOUNT AVE Philadelphia, PA 19104

William Mercogliano III

William Mercogliano III

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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