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3861 Fairmount Ave, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:CENTURY 21 Rauh & Johns
3861 Fairmount Ave,Philadelphia, PA 19104
$749,000
  • 7 Beds
  • 7 Baths
  • 4,200 sq. ft.
  • Townhouse
  • Active
Listed by: haci r kose
Office: re/max preferred - cherry hill
MLS#:PAPH2675924
Source:BRIGHTMLS

Price summary

  • Price:$749,000
  • Price per sq. ft.:$178.33

About this home

FULLY LEASED TURNKEY TRIPLEX WITH HIGH CAP RATE & TAX ABATEMENT An exceptional opportunity to acquire a fully occupied, high-yielding multi-family property situated in a premier Philadelphia rental corridor, mere steps from Drexel University and the University of Pennsylvania. Boasting immediate cash flow, an advantageous tax abatement, and an ideal location near Penn Presbyterian Hospital, this asset delivers everything investors seek: strong yield, superior condition, and sustained appreciation potential. PROPERTY & UNIT HIGHLIGHTS This modern triplex offers three luxury, condo-grade apartments designed with open layouts, elevated finishes, rustic flooring, and modern kitchens with stainless steel appliances. Unit 1: 3 Bedrooms / 3 Bathrooms with a private rear patio. Unit 2: 2 Bedrooms / 2 Bathrooms. Unit 3: 2 Bedrooms / 2 Bathrooms with exclusive access to a private rooftop deck. INVESTOR-FRIENDLY UTILITIES & OPERATION Each residence is equipped with individual HVAC and...

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Home facts

  • Year built:2024
  • Subdivision & Development:UNIVERSITY CITY
  • Listing ID #:PAPH2675924
  • Added:19 day(s) ago
  • Updated:October 20, 2026 at 01:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7
  • Full bathrooms:7
  • Basement:Yes
  • Basement Description:Fully Finished
  • Living area:4,200 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2024
  • Building area:4,200 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Straight Thru
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$749,000
  • Price per sq. ft.:$178.33
  • Tax amount:$657 (2024)

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