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1538 FONTAIN ST Philadelphia, PA 19121
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $267
Subdivision Temple University
MLS Listing ID 1003247049
Sold Date 06/29/17
Style Other
HOA Y/N N
Abv Grd Liv Area 1,680
Originating Board TREND
Year Built 2009
Annual Tax Amount $389
Tax Year 2017
Lot Size 812 Sqft
Acres 0.02
Lot Dimensions 14X58
Property Description
Investment alert! This newer construction multifamily is in a prime TU location and has guaranteed rental income with student leases already in place through July 2018! Both units feature central air/heat, a modern kitchen , hardwood floors throughout the common areas, cozy carpeted bedrooms, and large living rooms. The first floor unit offers three bedrooms, two full baths, as well as access to the fenced-in backyard. This unit also includes the finished basement which houses the apartment's laundry room and additional living area. The second and third floor unit feature four bedrooms, a two full bath, and a stacked washer/dryer. The total monthly rental income is 4,050.00 and current leases are in place until the end of the next school year (July 2018). Remainder of ten year tax abatement and strong rental history make this a great long term investment! Photos of similar property.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full, Fully Finished
Interior
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Flooring Wood
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321027300
Ownership Fee Simple
Read Less
Bought with Karl J Klotzbach • Coldwell Banker Realty