3861 Fairmount Ave, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
3861 Fairmount Ave,Philadelphia, PA 19104
$825,000
  • 7 Beds
  • - Baths
  • 4,200 sq. ft.
  • Multi-family
  • Active
Listed by: ben hooson-jones, asa kurland
Office: kw empower
MLS#:PAPH2513724
Source:BRIGHTMLS

Price summary

  • Price:$825,000
  • Price per sq. ft.:$196.43

About this home

FULLY RENTED CASH FLOWING HIGH CAP RATE, TAX ABATEMENT, HIGH CAP RATE 2 YEAR TENANTS AMAZING INVESTMENT TRIPLEX Don’t miss this rare opportunity to own a fully rented, high-performing triplex in one of Philadelphia’s strongest rental corridors, just a short walk from Drexel University and the University of Pennsylvania. With strong in-place rental demand, a highly desirable unit mix, and the benefit of a tax abatement, this property checks the boxes investors are always looking for: cash flow, location, condition, and long-term upside. This well-appointed triplex features three luxury, condo-style apartments with spacious layouts, modern finishes, rustic flooring, stainless steel appliances, generous bedroom sizes, and thoughtful design throughout. Unit 1 offers 3 bedrooms and 3 bathrooms with a private rear patio, giving tenants valuable outdoor space. Units 2 and 3 each feature 2 bedrooms and 2 bathrooms, with Unit 3 enjoying exclusive access to a private rooftop deck. Each...

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Home facts

  • Year built:2024
  • Subdivision & Development:UNIVERSITY CITY
  • Listing ID #:PAPH2513724
  • Added:412 day(s) ago
  • Updated:August 24, 2026 at 07:17 PM

Rooms and interior

  • Bedrooms:7
  • Basement:Yes
  • Basement Description:Fully Finished
  • Living area:4,200 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2024
  • Building area:4,200 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Straight Thru

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$825,000
  • Price per sq. ft.:$196.43
  • Tax amount:$657 (2024)

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