3861 Fairmount Avenue

Philadelphia, PA 19104

$890,000
Price
Beds
4,200 Sq. Ft.
$212 / Sq. Ft.
4,200
Sq. Ft.
$212
per Sq. Ft.

Description

Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental and investment markets. Don't miss the incredible investment opportunity located in walking proximity to Drexel University and UPENN. This triplex offers three (3) luxury condo-style spacious and tastefully designed apartments featuring rustic flooring, stainless-steel appliances, and tons of square footage. Unit #1 is a 3 Bed, 3 Baths. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK. Each unit includes a large open-concept...Welcome to FAIRMOUNT AVE TRIPLEX'' in one of the strongest rental and investment markets. Don't miss the incredible investment opportunity located in walking proximity to Drexel University and UPENN. This triplex offers three (3) luxury condo-style spacious and tastefully designed apartments featuring rustic flooring, stainless-steel appliances, and tons of square footage. Unit #1 is a 3 Bed, 3 Baths. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK. Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio. All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown PhiladelphiA. This amazing Triplex gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. There is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity! This potential money machine apartment 's predicted income will be about 6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1 YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.
  1. Listed by Gazi Ataseven • HomeSmart Realty Advisors
    P: 2677746886 gztsvn@gmail.com

Property Details for 3861 Fairmount Avenue

Tax ID Number
243014800
Ownership
Fee Simple
Structure Type
Other
Style
Contemporary
Waterfront
No
Garage
No
Subdivision
UNIVERSITY CITY
Subdivision
UNIVERSITY CITY (PHILADELPHIA PA)

Location

Listing Courtesy of HomeSmart Realty Advisors
Add your commute
LISTING UPDATED: 04/22/2024 10:34 PM

Property Details for 3861 Fairmount Avenue

StatusActive
MLS #PAPH2313704
Days on Market107
Taxes$474 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2024
Lot Size0.03 AC / 1,440 SF
CountyPhiladelphia County

Location

Listing Courtesy of HomeSmart Realty Advisors
Add your commute

Building Information for 3861 Fairmount Avenue

Stories-Residences4Year Built2024Building Size-Lot Size0.03 AC / 1,440 SF

Payment Calculator

$4,897 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,857

Property Taxes

$40

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3861 Fairmount Avenue

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
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: $33,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $214
  • Land Assessed Value: $33,900
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RSA5
  • Tax Lot: 183
  • School Tax: $260
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,200.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1028892
Parking
Parking
  • Type Of Parking: None
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: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: 60+ Gallon Tank
  • Water Source: None
  • Sewer Septic: Public Sewer

Property History for 3861 Fairmount Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3861 Fairmount Avenue

Taxable ValueLand$33,900Additions-Total$33,900
Tax Record2023$475 ($40 / month)
Home Facts
Beds0Lot Size1,440 SqFtStyleResidentialZoningRSA5CountyPHILADELPHIAAPN24-3-0148-00

Schools near 3861 Fairmount Avenue

This home is within Philadelphia City School District.
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

School Of The Future
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.

Similar Homes

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3861 Fairmount Avenue is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on January 17, 2024 by HomeSmart Realty Advisors, it's currently listed at $890,000. It has been on the market for a total of 107 days and was last sold on February 3, 2021. This listing's school district is Philadelphia City School District. Nearby schools include Mcmichael Morton School, West Philadelphia High School and Philadelphia Learning Academy - South. 3861 Fairmount Avenue is a 0-bed, 0-bath, 4,200 sqft multi-family home built in 2024.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Realty Advisors

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.