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3836 FAIRMOUNT AVENUE
PHILADELPHIA PA 19104 US

$275,000

Active Listing ID PAPH2421254
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Lot: 0.03 Acres
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Other

$275,000

Active Listing ID PAPH2421254
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3836 FAIRMOUNT AVENUE 3834 and 3836 Fairmount offer a unique opportunity to own two side-by-side triplexes in the rapidly developing Mantua neighborhood of West Philly, close to U Penn and Drexel. This area is experiencing significant growth with new construction and vacant lots, making it an ideal location for long-term investment and potential appreciation. While the triplexes require some additional upgrades, the current owner has already started renovations, allowing you to step in and complete the work. The first floor is occupied with a long term tenant and is spacious 2-bedroom, 1-bath unit with basement and backyard access. It features a living room and two bedrooms separated by the kitchen. The second floor has a spacious and renovated 1-bedroom, 1-bath unit with a smaller kitchen and a large bedroom, along with new vinyl flooring and fresh paint. The bathroom is accessible from the hallway. The layout is flexible and could be redesigned to increase rental value. The third floor features a 1-bedroom, 1-bath unit with a large kitchen and bathroom, needing some updates to meet market standards.The second and third-floor units are currently vacant, giving you the opportunity to renovate for higher rental income and select your own tenants. The dry basement includes utilities, additional storage, and the potential to add a washer/dryer, which could increase rental income for the first-floor unit. The backyard offers additional possibilities for future development.This triplex presents great potential for appreciation and rental income, making it an excellent investment for the right buyer. Don’t miss out—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, Hot Water

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 275000
  • unparsedaddress: 3836 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: 1827
  • livingareaunits: Square Feet
  • latitude: 39.96537
  • longitude: -75.1989
  • 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, Hot Water
  • 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: -75.1989, 39.96537
  • 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":"Dwelling with Rental, Victorian, Interior Row/Townhouse - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3836-Fairmount-Ave_Philadelphia_PA_19104_M47995-78482?f=listhub&s=TRENDPA&m=PAPH2421254&c=rexren", "MLSModificationTimestamp":"2024-11-20T10:50:38Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4589, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/20/2024 6:11:03 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.