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Philadelphia,PA 19130
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,469 sqft
Price per Sqft $356
MLS Listing ID PAPH2539904
Style Contemporary
Abv Grd Liv Area 2,469
Year Built 2017
Annual Tax Amount $2,249
Tax Year 2025
Lot Size 1,080 Sqft
Acres 0.02
Lot Dimensions 18.00 x 60.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
This exceptional triplex investment opportunity is located just one block from Girard Avenue in the highly desirable Fairmount neighborhood of Philadelphia. Fully leased and generating $5,000 in monthly rental income, the property features three modern units with high-end finishes and strong tenant appeal. Unit A is a bi-level 2-bedroom, 2-bathroom apartment on the first floor, currently rented for $1,900/month. Unit B, located on the second floor, is a 1-bedroom, 1-bathroom unit rented for $1,300/month. Unit C sits on the third floor and includes 2 bedrooms, 1 bathroom, and a private rooftop deck, rented at $1,800/month. Tenants are responsible for all utilities, while the owner covers only hallway lighting and sprinkler water, minimizing ongoing expenses.
All three units feature open kitchens with modern quartz countertops, stainless steel appliances, French door refrigerators, 42” cabinets, and breakfast bars. The interiors boast solid birch hardwood flooring, Honeywell Wi-Fi-controlled thermostats, and a video-monitored intercom system. Built new and completed in late 2017, the property benefits from a 10-year tax abatement in place through 2027, offering continued savings for investors.
Located in one of Philadelphia's most vibrant and walkable neighborhoods, the property is just steps from public transit on Girard Avenue, minutes from I-76, and a short walk to the Philadelphia Museum of Art, restaurants, shops, and green spaces. This is a rare opportunity to own a well-maintained, income-producing property in a prime location with minimal operating costs and significant long-term investment potential.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471188110
Ownership Fee Simple
SqFt Source 2469
Special Listing Condition Standard