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Map
$890,000
↓ $5K (0.6%)
●
Multifamily -
For Sale
3861 FAIRMOUNT AVE
PHILADELPHIA, PA 19104
Studio
0 Bath
$4,371
Estimated Monthly
$0
HOA / Fees
About This Property
Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental
and investment markets. Don't miss the incredible investment
opportunity located in walking proximity to Drexel University and
UPENN. This triplex offers three (3) luxury condo-style
spacious and tastefully designed apartments featuring rustic
flooring, stainless-steel appliances, and tons of square footage.
Unit #1 is a 3 Bed, 3 Baths. Units #2 is 2 Bed, 2 Baths. Unit# 3 is
2 Bed, 2 Baths AND TOP DECK. Each unit includes a large
open-concept common space, upgraded kitchen, and extremely spacious
bedrooms with accompanying closets and bathrooms! Unit 1 is
accompanied by a good-size back patio. All units are on their own
meter for gas and electric, and each have their own gas furnaces,
water heaters, and include washer and dryers. This property is
ideal for Drexel students, medical professionals, and university
staff due to its proximity to Drexel University and Penn
Presbyterian hospital. With an abundance of public transportation
as well as the proximity to Downtown PhiladelphiA. This amazing
Triplex gets a Walkscore of 87 out of 100, a 62 out of 100
for transit, and 95 out of 100 for the bikers. This property is
located near dozens of restaurants, cafes, and bars. There is no
shortage of eateries nearby. Along Lancaster Ave, find many
different boutiques and stores within a walking distance! This
property is not to be missed, contact Philly Home Advisors today to
learn more about this incredible investment opportunity! This
potential money machine apartment 's predicted income will be about
6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1
YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.
Unit Size
-
Days on Market
105 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$40
HOA Dues
-
Year Built
-
Listed By
Last updated: 9 days ago (Bright MLS #PAPH2313704)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 23, 2024 | Price Decreased |
$890,000
↓ $5K
(0.6%)
|
|
Price Decreased | |||
Feb 29, 2024 | Price Decreased |
$895,000
↓ $5K
(0.6%)
|
|
Price Decreased | |||
Jan 28, 2024 | Price Decreased |
$900,000
↓ $25K
(2.7%)
|
|
Price Decreased | |||
Jan 17, 2024 | Listed by HomeSmart Realty Advisors | $925,000 | |
Listed by HomeSmart Realty Advisors |
Property Highlights
Air Conditioning
Parking Details
Parking Features: None
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Other Structures: Above Grade, Below Grade
Structure Type: Other
Construction Materials: Brick, Aluminum Siding
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 16.00 x 90.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $33,900
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $214
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $33,900
Tax Year: 2022
Tax Annual Amount: $474
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: 60+ Gallon Tank
Sewer Septic: Public Sewer
Water Source: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
5
Beds
5
Baths
2,250 ft²
$384/ft²
$865,000
Nov 17, 2022
$865,000
May 26, 2023
-
Sold
House
5
Beds
4
Baths
4,294 ft²
$204/ft²
$875,000
May 8, 2015
$875,000
Nov 30, 2015
-
Townhouse
4
Beds
3
Baths
2,400 ft²
$313/ft²
$750,000
Apr 29, 2021
$750,000
Aug 16, 2021
-
Townhouse
4
Beds
3
Baths
2,300 ft²
$330/ft²
$760,000
Feb 24, 2021
$760,000
Apr 14, 2021
-
Sold
House
6
Beds
4
Baths
3,300 ft²
$221/ft²
$730,000
Nov 5, 2018
$730,000
Jan 18, 2019
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
3861 Fairmount Avenue
3861 Fairmount Avenue, Philadelphia, PA 19104
- 1 Unit for Sale