1720 Fontain Street

Philadelphia, PA 19121

$525,000
Price
8
Beds
7
Baths
2,912 Sq. Ft.
$180 / Sq. Ft.
2,912
Sq. Ft.
$180
per Sq. Ft.

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...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!
  1. Listed by John Jerome Perez Mangubat I • Keller Williams Main Line
    P: (302)-359-6972 jerome@unlockedteam.com

Property Details for 1720 Fontain Street

Tax ID Number
321166801
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional, Contemporary
Waterfront
No
Garage
No
Subdivision
TEMPLE UNIVERSITY
Subdivision
TEMPLE UNIVERSITY (PHILADELPHIA PA)
LISTING UPDATED: 11/25/2024 12:04 PM

Property Details for 1720 Fontain Street

StatusActive
MLS #PAPH2391064
Days on Market117
Taxes$7,858 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2011
Lot Size0.02 AC / 928 SF
CountyPhiladelphia County

Building

1720 Fontain St

3 StoriesBuilt in 2011

Building Information for 1720 Fontain Street

Stories3Residences-Year Built2011Building Size-Lot Size0.02 AC / 928 SF

Property Information for 1720 Fontain Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $561,400
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $449,200
  • City Town Tax: $3,546
  • Land Assessed Value: $112,200
  • Clean Green Assessed: No
  • Land Use Code: W50
  • Zoning: RM1
  • Tax Lot: 163
  • School Tax: $4,312
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 4
  • Full Baths Count: 4
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 4
  • Full Baths Count: 3
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,912.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 16.00 x 58.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1399564
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1720 Fontain Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1720 Fontain Street

Taxable ValueLand$112,200Additions$449,200Total$561,400
Tax Record2024$7,858 ($655 / month)
Home Facts
Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtStories3Lot Size928 SqFtStyleMulti-Family Dwelling (2-4)Year Built2011ZoningRM1CountyPHILADELPHIAAPN32-1-1668-01

Schools near 1720 Fontain Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Strawberry Mansion High School
Public9 to 12

Carver High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1720 Fontain Street is a multi-family home for sale in Philadelphia, PA 19121. This property was listed for sale on August 28, 2024 by Keller Williams Main Line, it's currently listed at $525,000. It has been on the market for a total of 117 days and was last sold on June 17, 2011. This listing's school district is The School District of Philadelphia. Nearby schools include Young Scholars Frederick Douglass Charter School, Strawberry Mansion High School and Carver High School. 1720 Fontain Street is a 8-bed, 7-bath, 2,912 sqft multi-family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Main Line

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.