Description
Fantastic turn-key investment opportunity, or great owner-occupied property. 3-unit apartment building in the heart of Fairmount. The property was built in 2012, featuring new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (1) 2 bed/ 2 bath unit and (2) 1 bed/ 1 bath units, all of which have w/d in unit, outdoor areas, and are self-contained. The property is ideal for investors and owner occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.
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Neighborhood & Market Insights
This property is 111.4% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
-50.5% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee
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