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3834 FAIRMOUNT AVENUE
PHILADELPHIA PA 19104 US

$275,000

Active Listing ID PAPH2421250
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Lot: 0.03 Acres
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Other

$275,000

Active Listing ID PAPH2421250
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3834 FAIRMOUNT AVENUE 3834 and 3836 Fairmount present a rare opportunity to own two side-by-side triplexes in the up-and-coming Mantua neighborhood of West Philly. Located near U Penn and Drexel, this area is seeing rapid development with new construction and vacant lots, making it a prime location for long-term investment and potential for quick appreciation.These triplexes need some additional upgrades, but the current owner has already started renovations, so you can step in and finish the work. The first floor unit is a 2-bedroom, 1-bath unit includes basement and backyard access. It’s the largest unit in the building, with a living room and two bedrooms separated by the kitchen. The current tenant handles on-site repairs in exchange for reduced rent and is willing to stay. The second floor features a renovated 1-bedroom, 1-bath unit with a smaller kitchen and a large bedroom. It also features new vinyl flooring and fresh paint. The renovated bathroom can be accessed through the hallway. The layout is unique and could be redesigned to improve rental value or left as is—your choice. The third unit is on the 3rd floor and has a 1-bedroom, 1-bath unit has a large kitchen and bathroom but needs some TLC. New flooring, and a bathroom and kitchen redesign could bring the unit up to market standards and increase rental income. The dry basement includes utilities, extra storage space, and the potential to add a washer/dryer, which could increase rental income for the first-floor unit. The backyard could is a blank slate for any future owner. This triplex offers great potential for appreciation and rental income, making it a solid investment for the right buyer. Take a look!

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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 275000
  • unparsedaddress: 3834 FAIRMOUNT AVENUE
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19104
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.03
  • lotsizeunits: Acres
  • lotsizearea: 0.03
  • livingarea: 1635
  • livingareaunits: Square Feet
  • latitude: 39.96538
  • longitude: -75.19885
  • listagentfullname: Kate Vail
  • listagentemail: katevail@ewrhomes.com
  • listagentkey: 3yd-TRENDPA-3147307
  • listagentmlsid: 3147307
  • listagentpreferredphone: 2152473600
  • listagentofficephone: 2158939920
  • listofficekey: 3yd-TRENDPA-EL-W-PH
  • listofficemlsid: EL-W-PH
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1915
  • listingcontractdate: 2024-11-20
  • listagenturl: http://www.ewrhome.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • cooling: Window Unit(s) A/C
  • heating: Baseboard
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Victorian
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.19885, 39.96538
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Elfant Wissahickon REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"katevail@ewrhomes.com", "ListBrokerageCity":"Philadelphia", "ListBrokerageCountry":"US", "ListBrokerageEmail":"paul@elfantwissahickon.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Elfant Wissahickon REALTORS", "ListBrokeragePhone":"(215) 247-3600", "ListBrokeragePostalCode":"19103", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2000 Pine St", "ListBrokerageWebsiteUrl":"http://www.ewrhome.com", "ListOfficeAddress1":"2000 Pine STREET", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Philadelphia", "ListOfficeCountry":"US", "ListOfficeEmail":"paul@elfantwissahickon.com", "ListOfficePostalCode":"19103", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Interior Row/Townhouse, Victorian, Dwelling with Rental - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3834-Fairmount-Ave_Philadelphia_PA_19104_M33987-14958?f=listhub&s=TRENDPA&m=PAPH2421250&c=rexren", "MLSModificationTimestamp":"2024-11-20T10:33:28Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4200, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/20/2024 5:16:10 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Kate Vail, Elfant Wissahickon-Rittenhouse Square, katevail@ewrhomes.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.