4815 Fairmount Ave, Philadelphia, PA 19139
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
4815 Fairmount Ave,Philadelphia, PA 19139
$350,000
- 3 Beds
- - Baths
- 2,055 sq. ft.
- Multi-family
- Active
Listed by: cree mcgee
Office: prime realty partners
MLS#:PAPH2681616
Source:BRIGHTMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$170.32
About this home
Excellent investment opportunity at 4815 Fairmount Avenue in West Philadelphia! Offered at $350,000 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....
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Home facts
- Year built:1925
- Subdivision & Development:MILL CREEK
- Listing ID #:PAPH2681616
- Added:23 day(s) ago
- Updated:November 09, 2026 at 02:41 PM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Poured Concrete
- Living area:2,055 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1925
- Building area:2,055 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Straight Thru
- Construction Materials:Masonry
- Foundation Description:Permanent
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$170.32
- Tax amount:$2,619 (2027)
Features and amenities
- Amenities:Electric Available, Natural Gas Available
Parking
- Parking description:On Street
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