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… Read More 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. Read Less
Courtesy of LIN LIN DONG, Realty Mark Associates - KOP 215-376-4444
Listing Snapshot
Days Online
1
Last Updated
Property Type
Townhouse
Square Ft.
2,469
Lot Size
0.02 Acres
Year Built
2017
MLS Number
PAPH2539904
Additional Details
Basement
Full
Building
Built in 2017, Living area: 2469, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Foundation
Slab
Heating
Central
Lot
0.02 acres, Dimensions: 18.00 x 60.00
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $2,249.48, Year: 2025, Zoning: RM1
Utilities
Water Source: Public
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