1720 Fontain Street

PHILADELPHIA, PA 19121

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 928
    Sqft(Lot)
$540,000

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!

  • Property Type

    Multi-Family

  • Subdivision

    Temple University

  • County

    PHILADELPHIA

  • Style

    Traditional,Contemporary

  • AD ID

    46764839

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Other

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 2011
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 2011
    • Construction Material: Masonry
    • Foundation/Basement: Other
    • Architecture: Traditional,Contemporary
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 928
    • Dimensions: 16.00 x 58.00
    • Lot Size (Acres): 0.02
    • Architectural Style: Traditional,Contemporary
    • Main Square Feet: 928

    Property Information

    • SQ ft: 2,912
    • SQ ft (Living Area): 2,912
    • Total Lot SQ ft: 928
    • Subdivision: TEMPLE UNIVERSITY
    • Appx. Lot Dimensions: 16.00 x 58.00
    • Total Acreage: 0.02
    • New Construction: No
    • Type: Traditional,Contemporary

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 3

  • Tax Information

    • Annual Tax: $7,858
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $561,400

  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: 1720 Fountain St

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: 1720 Fountain St
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BuyOwner last updated this listing 11/03/2024 @ 08:07

  • MLS: PAPH2391064
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 928 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19121, this PHILADELPHIA County Other , it is in the TEMPLE UNIVERSITY Subdivision, and are nearby neighborhoods.