1720 Fontain Street
$540,000
8
7
2,912
2,912
$185
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!
- Listed by John Jerome Perez Mangubat I • Keller Williams Main LineP: (302)-359-6972 jerome@unlockedteam.com
Property Details for 1720 Fontain Street
Tax ID Number
321166801
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleTraditional, Contemporary
WaterfrontNo
GarageNo
SubdivisionTEMPLE UNIVERSITY
SubdivisionTEMPLE UNIVERSITY (PHILADELPHIA PA)
LISTING UPDATED: 09/19/2024 09:08 PM
Property Details for 1720 Fontain Street
Status | Active |
---|---|
MLS # | PAPH2391064 |
Days on Market | 82 |
Taxes | $7,858 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2011 |
Lot Size | 0.02 AC / 928 SF |
County | Philadelphia County |
Building
Building Information for 1720 Fontain Street
Stories3Residences-Year Built2011Building Size-Lot Size0.02 AC / 928 SF
Property Information for 1720 Fontain Street
Property History for 1720 Fontain Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 Record2023$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 |
---|---|---|
Young Scholars Frederick Douglass Charter School CharterK to 8 | ||
Strawberry Mansion High School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Philadelphia Military Academy At Elverson Public9 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.
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