$6,234

closing credit¹

1720 Fontain St Philadelphia, PA 19121

$525,000
2,912 sqft
0.02 acres
$180 / sqft
Multi-Family

Property details

About 1720 Fontain St

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!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,912 sqft
BasementYes
Lot size0.02 Acres
Year built2011
ParkingOn Street
MLS #PAPH2391064

Summary

  • MLS Number: PAPH2391064
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Office Email: info@mainlinekw.com
  • Listing Agent: John Jerome Perez Mangubat I

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$525,000

1720 Fontain St

$6,234

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 29, 2011
Home Sold
$47,000
Nov 08, 2010
Home Sold
$47,000

Tax history

YearAssessmentProperty Tax
2023$561,400$7,858
2022$561,400$7,399
2021$-$1,054
2020$528,600$1,054
2019$511,000$1,019
2018$407,800$813
2017$407,800$813

History based on county public records data.

Nearby schools

2

Kipp North Philadelphia Charter School

Public Charter KG-6

0.6 mi

2539 N 16th St

1

Richard R. Wright Elementary School

Public District KG-5

0.9 mi

2700 W Dauphin St

3

Mastery Charter School at Clymer

Public Charter KG-6

1.0 mi

1201 W Rush St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,651. The most common annual income of people living in Philadelphia, PA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

64%
<35k
26%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

75%
Single, No Kids
20%
Single, with Kids
3%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
55%
18-34 yrs old
23%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1720 Fontain St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,912 square foot home, which was built in 2011, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $525,000.

While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $266,945.

From Rocket Homes Real Estate and based on county public records data.

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