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Eze Okwodu

[email protected] +1(301) 559-2872

Listed by Cree McGee • Prime Realty Partners

$ 365,000

Est. payment -/mo

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4815 FAIRMOUNT AVE Philadelphia, PA 19139

2,055 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,055 sqft

Price per Sqft $177

Subdivision Mill Creek

MLS Listing ID PAPH2681616

Style Straight Thru

Abv Grd Liv Area 2,055

Year Built 1925

Available Date 2026-10-20

Annual Tax Amount $2,619

Tax Year 2027

Lot Size 1,305 Sqft

Acres 0.03

Lot Dimensions 15.00 x 87.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $365,000 OBO, this legally zoned duplex is a fully occupied, income producing property, perfect for investors looking to expand their portfolios with an established rental asset. The upper unit features 3 bedrooms and 2 full bathrooms, currently leased at $1,825 per month, while the lower unit offers 1 bedroom and 1 full bathroom, leased at $1,115 per month to a dependable long term tenant who has occupied the property for six years. Both units have reliable tenants with excellent payment histories, consistently paying rent on time without issues. Generating $2,940 in monthly rental income and $35,280 annually, this property offers immediate rental revenue without the hassle of securing new tenants. The owner has completed several renovations, and both units feature electric heating, individual washers and dryers, and appliances included with the sale. Conveniently situated in an established West Philadelphia rental market, the property provides easy access to public transportation, shopping, restaurants, and University City, making it an attractive location for renters. Whether you're a seasoned investor or just beginning to build your real estate portfolio, this property offers consistent rental income, established tenancy, and long term appreciation potential. Don't miss your opportunity to acquire an already performing multifamily investment! Showings require advance notice as both units are tenant occupied.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RSA5 W/ 2-FAMILY VARIANCE

Rooms

Basement Poured Concrete

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Inclusions All appliances

Equipment Washer, Dryer

Furnishings No

Appliance Washer, Dryer

Heat Source Natural Gas

Laundry Has Laundry, Dryer In Unit, Washer In Unit

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Permanent

Above Ground Finished SqFt 2055

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 441229000

Ownership Fee Simple

SqFt Source 2055

Acceptable Financing Cash, Conventional, FHA, Private, Other

Listing Terms Cash, Conventional, FHA, Private, Other

Financing Cash,Conventional,FHA,Private,Other

Special Listing Condition Standard

Eze Okwodu

4815 FAIRMOUNT AVE Philadelphia, PA 19139

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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4815 FAIRMOUNT AVE