3861 Fairmount Ave, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
3861 Fairmount Ave,Philadelphia, PA 19104
$719,000
  • 7 Beds
  • - Baths
  • 4,200 sq. ft.
  • Multi-family
  • Active
Listed by: haci r kose
Office: re/max preferred - cherry hill
MLS#:PAPH2682788
Source:BRIGHTMLS

Price summary

  • Price:$719,000
  • Price per sq. ft.:$171.19

About this home

FULLY LEASED TURNKEY TRIPLEX WITH HIGH CAP RATE & TAX ABATEMENT. THE TAX AMOUNT IS ONLY $657 A YEAR!!! THE MONTHLY INCOME FROM RENT IS $5,741. An exceptional opportunity to acquire a fully occupied, high-yielding multi-family property situated in a premier Philadelphia rental corridor, mere steps from Drexel University and the University of Pennsylvania. Boasting immediate cash flow, an advantageous tax abatement, and an ideal location near Penn Presbyterian Hospital, this asset delivers everything investors seek: strong yield, superior condition, and sustained appreciation potential. PROPERTY & UNIT HIGHLIGHTS This modern triplex offers three luxury, condo-grade apartments designed with open layouts, elevated finishes, rustic flooring, and modern kitchens with stainless steel appliances. Unit 1: 3 Bedrooms / 3 Bathrooms with a private rear patio. Unit 2: 2 Bedrooms / 2 Bathrooms. Unit 3: 2 Bedrooms / 2 Bathrooms with exclusive access to a private rooftop deck. INVESTOR-FRIENDLY...

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Home facts

  • Year built:2024
  • Listing ID #:PAPH2682788
  • Updated:November 08, 2026 at 02:31 PM

Rooms and interior

  • Bedrooms:7
  • Living area:4,200 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:2024
  • Building area:4,200 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$719,000
  • Price per sq. ft.:$171.19
  • Tax amount:$657 (2025)

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