3836 Fairmount Avenue
$275,000
—
1,827
1,827
$151
New
Description
3834 and 3836 Fairmount offer a unique opportunity to own two side-by-side triplexes in the rapidly developing Mantua neighborhood of West Philly, close to U Penn and Drexel. This area is experiencing significant growth with new construction and vacant lots, making it an ideal location for long-term investment and potential appreciation. While the triplexes require some additional upgrades, the current owner has already started renovations, allowing you to step in and complete the work. The first...3834 and 3836 Fairmount offer a unique opportunity to own two side-by-side triplexes in the rapidly developing Mantua neighborhood of West Philly, close to U Penn and Drexel. This area is experiencing significant growth with new construction and vacant lots, making it an ideal location for long-term investment and potential appreciation. While the triplexes require some additional upgrades, the current owner has already started renovations, allowing you to step in and complete the work. The first floor is occupied with a long term tenant and is spacious 2-bedroom, 1-bath unit with basement and backyard access. It features a living room and two bedrooms separated by the kitchen. The second floor has a spacious and renovated 1-bedroom, 1-bath unit with a smaller kitchen and a large bedroom, along with new vinyl flooring and fresh paint. The bathroom is accessible from the hallway. The layout is flexible and could be redesigned to increase rental value. The third floor features a 1-bedroom, 1-bath unit with a large kitchen and bathroom, needing some updates to meet market standards. The second and third-floor units are currently vacant, giving you the opportunity to renovate for higher rental income and select your own tenants. The dry basement includes utilities, additional storage, and the potential to add a washer/dryer, which could increase rental income for the first-floor unit. The backyard offers additional possibilities for future development. This triplex presents great potential for appreciation and rental income, making it an excellent investment for the right buyer. Don’t miss out—take a look!
- Listed by Katherine Vail • Elfant Wissahickon-Rittenhouse SquareP: (215)-668-4989 katevail@ewrhomes.com
Property Details for 3836 Fairmount Avenue
Tax ID Number
242125900
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleDwelling with Rental, Victorian
WaterfrontNo
GarageNo
SubdivisionMANTUA
SubdivisionMANTUA (PHILADELPHIA PA)
LISTING UPDATED: 11/20/2024 04:44 PM
Property Details for 3836 Fairmount Avenue
Status | Active |
---|---|
MLS # | PAPH2421254 |
Days on Market | 1 |
Taxes | $4,589 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.03 AC / 1,395 SF |
County | Philadelphia County |
Building Information for 3836 Fairmount Avenue
Stories-Residences3Year Built1915Building Size-Lot Size0.03 AC / 1,395 SF
Property Information for 3836 Fairmount Avenue
Property History for 3836 Fairmount Avenue
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 3836 Fairmount Avenue
Taxable ValueLand$65,580Additions$262,320Total$327,900
Tax Record2023$4,590 ($382 / month)
Home Facts
Total Finished SqFt1,827 SqFtAbove Grade Finished SqFt1,827 SqFtStories3Lot Size1,395 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN24-2-1259-00
Schools near 3836 Fairmount Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mcmichael Morton School PublicPK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Philadelphia Learning Academy - South Public9 to 12 | ||
Paul Robeson High School For Human Services 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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