CHARIS REALTY GROUP

Straight Thru

4815 FAIRMOUNT AVENUE

PHILADELPHIA, PA 19139

MLS#: PAPH2681616

$350,000

Status: Active
Listing number: PAPH2681616
Listing provided by: Prime Realty Partners
Listing agent phone: None
Last update: 4 days ago
On site: 17 days ago
Browse Properties
MILL CREEK - Residential Income

Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

2,055

Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $350,000 OBO, this legally zoned duplex is a fully occupied, income producing property, perfect for investors looking to expand their portfolios with an established rental asset. The upper unit features 3 bedrooms and 2 full bathrooms, currently leased at $1,825 per month, while the lower unit offers 1 bedroom and 1 full bathroom, leased at $1,115 per month to a dependable long term tenant who has occupied the property for six years. Both units have reliable tenants with excellent payment histories, consistently paying rent on time without issues. Generating $2,940 in monthly rental income and $35,280 annually, this property offers immediate rental revenue without the hassle of securing new tenants. The owner has completed several renovations, and both units feature electric heating, individual washers and dryers, and appliances included with the sale. Conveniently situated in an established West Philadelphia rental market, the property provides easy access to public transportation, shopping, restaurants, and University City, making it an attractive location for renters. Whether you're a seasoned investor or just beginning to build your real estate portfolio, this property offers consistent rental income, established tenancy, and long term appreciation potential. Don't miss your opportunity to acquire an already performing multifamily investment! Showings require advance notice as both units are tenant occupied.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2055.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,305

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $350,000

  • Tax Amount

    $2,619

  • Zoning

    Legal Duplex

  • Sq. Footage

    2,055

  • Price/SqFt

    $170

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Permanent

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Cree McGee, Prime Realty Partners

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Agent Chana Shaffer

Salesperson, Realtor

Chana Shaffer

Call Chana today to schedule a private showing.

(814) 494-0636

chana@charisrealty.com


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Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $350,000 OBO, this legally zoned duplex is a fully occupied, income producing property, perfect for investors looking to expand their portfolios with an established rental asset. The upper unit features 3 bedrooms and 2 full bathrooms, currently leased at $1,825 per month, while the lower unit offers 1 bedroom and 1 full bathroom, leased at $1,115 per month to a dependable long term tenant who has occupied the property for six years. Both units have reliable tenants with excellent payment histories, consistently paying rent on time without issues. Generating $2,940 in monthly rental income and $35,280 annually, this property offers immediate rental revenue without the hassle of securing new tenants. The owner has completed several renovations, and both units feature electric heating, individual washers and dryers, and appliances included with the sale. Conveniently situated in an established West Philadelphia rental market, the property provides easy access to public transportation, shopping, restaurants, and University City, making it an attractive location for renters. Whether you're a seasoned investor or just beginning to build your real estate portfolio, this property offers consistent rental income, established tenancy, and long term appreciation potential. Don't miss your opportunity to acquire an already performing multifamily investment! Showings require advance notice as both units are tenant occupied.

4815 FAIRMOUNT AVENUE

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