Check Availability
$890,000
↓ $5K (0.6%)
Multifamily - For Sale

3861 FAIRMOUNT AVE

PHILADELPHIA, PA 19104
bedrooms
Studio
bathrooms
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
Gazi Ataseven
HomeSmart Realty Advisors
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$750,000 Sep 18, 2020
$750,000 Feb 8, 2021
-
House
5 Beds
5 Baths
2,250 ft²
$384/ft²
$865,000 Nov 17, 2022
$865,000 May 26, 2023
-
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
-
House
6 Beds
4 Baths
3,300 ft²
$221/ft²
$730,000 Nov 5, 2018
$730,000 Jan 18, 2019
-
Multifamily
Stu
-
-
$750,000 Dec 27, 2023
-
-
Townhouse
Stu
-
-
$980,000 Jan 8, 2024
-
-
Townhouse
Stu
-
-
$824,900 Oct 5, 2023
-
-
Townhouse
Stu
-
-
$750,000 Jan 11, 2024
-
-
Commercial
Loft
-
-
$850,000 Dec 19, 2023
-
-
House
5 Beds
3 Baths
2,436 ft²
$369/ft²
$900,000 Jan 5, 2024
-
-

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
More about this Building
3861 Fairmount Avenue
Want to find out who owns 3861 Fairmount Avenue, Philadelphia, PA 19104? Get detailed property transactions here .

About West Philadelphia


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