1720 Fontain Street

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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, FULLY LEASED, 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. With an impressive annual income nearing $60,000 and remarkably low operating expenses, this property commands 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!

Price:$$535,000
Address:1720 Fontain Street
City:Philadelphia
County:Philadelphia
State:Pennsylvania
Zip Code:19121
Subdivision:TEMPLE UNIVERSITY
MLS:PAPH2322280
Year Built:2011
Square Feet:2,912
Acres:0.020
Lot Square Feet:0.020 acres
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