#PAPH2413538, Francis Mangubat, Listing Office: Keller Williams Main Line
$10,000
closing credit¹
3861 Fairmount Ave Philadelphia, PA 19104
Property details
About 3861 Fairmount Ave
UNIT #1 WAS RENTED @ 2100 $. UNIT #2 WAS RENTED @1900$ 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 WHICH WAS RENTED AT $ 2100. Units #2 is 2 Bed, 2 Baths. Unit# 3 is 2 Bed, 2 Baths AND TOP DECK WAS RENTED @ 1900$. Each unit includes a large open-concept common space, upgraded kitchen, and extremely spacious bedrooms with accompanying closets and bathrooms! Unit 1 is accompanied by a good-size back patio. All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, and include washer and dryers. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown PhiladelphiA. This amazing Triplex gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. There is no shortage of eateries nearby. Along Lancaster Ave, find many different boutiques and stores within a walking distance! This property is not to be missed, contact Philly Home Advisors today to learn more about this incredible investment opportunity! This potential money machine apartment 's predicted income will be about 6000$ in a month. 10 YEARS TAX ABATEMENT is processed and 1 YEAR BUILDER WARRANTY. Opportunity knocks the door for investors !.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2417566
- MLS Name: BRIGHT
- Office Name: HomeSmart Realty Advisors
- Office Phone: (215) 604-1191
- Office Email: bill@homesmartrealtyadvisors.com
- Listing Agent: Gazi Ataseven
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Last updated on: 2/1/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$865,000
3861 Fairmount Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 17, 2021 | Home Sold | $60,000 |
Jul 03, 2019 | Home Sold | $40,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $33,900 | $474 |
2022 | $33,900 | $165 |
2021 | $- | $1,162 |
2020 | $12,600 | $176 |
2019 | $12,600 | $176 |
2018 | $12,600 | $176 |
2017 | $12,600 | $176 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.5 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
0.9 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
2.0 mi
•5801 Media St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,536. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 3861 Fairmount Ave in Philadelphia, PA and zip code 19104 in the Mantua neighborhood. This 4,200 square foot home, which was built in 2024, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $865,000.
Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. Between December and January 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 3.5%. In January 2025 median list price was $266,945 and the average listing age was 52 days.