Philadelphia, PA 19121,1939 FONTAIN ST
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$250,000
Est. payment /mo
1,414 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,414 sqft

Price per Sqft $176

Subdivision Temple University

MLS Listing ID PAPH2462578

Style A-Frame

Abv Grd Liv Area 1,414

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,751

Tax Year 2024

Lot Size 1,140 Sqft

Acres 0.03

Lot Dimensions 15.00 x 76.00

Property Sub-Type Interior Row/Townhouse

Property Description

This spacious duplex featuring two 2-bedroom, 1-bathroom units is a prime investment opportunity in the heart of North Philadelphia. Whether you're a first-time homebuyer looking to live in one unit and rent out the other, or a seasoned investor adding to your portfolio, this property checks all the boxes.
Both units are in good condition, with modern layouts and only a few updates needed to maximize rental income and equity growth.
Previously rented for $1700/month with the potential of reaching $2100/month with updates, the property's proximity to Temple University also makes it ideal for student housing. Unit 1 offers two bedrooms, one full bathroom, open kitchen living space , access to a private backyard, and an unfinished basement for extra storage with laundry hook up. Unit 2 mirrors the same 2-bed, 1-bath layout with generous living space, kitchen, and great natural light throughout with laundry hook up. This is a low-maintenance, high-potential property that qualifies for FHA(203K)loans or 3% down conventional financing, plus potential grant options to help reduce out-of-pocket costs.
Conveniently located near Broad Street and Temple University, with easy access to public transportation, this property offers urban living with strong rental demand. Don't miss your chance to secure a cash-flowing asset in a growing area.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321175300

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing FHA 203(k), Cash, Conventional

Listing Terms FHA 203(k), Cash, Conventional

Financing FHA 203(k),Cash,Conventional

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)
Listed by Juanita Nashay Jackson • KW Empower

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