Updated kitchens and bathroomsIn-unit washer and dryer
2.75% assumable FHA mortgage available for qualified buyers. Live in one unit and rent the others in this updated three-unit property in a prime Fairmount/Francisville location, offering a rare opportunity for both owner-occupants and investors. Each unit has been updated within the last 10 years and features a bright, modern feel with abundant natural light, in-unit washer and dryer, dishwasher, and updated kitchens and bathrooms. The first-floor unit is especially appealing for an owner-occupant, with a private entrance and a large patio that feels like a separate home while still generating income from the upper units. The second-floor apartment spans the full length of the building, while the top-floor unit includes a private deck and ductless HVAC. This flexible setup works well for a buyer looking to offset their mortgage or an investor seeking a clean, well-maintained asset. Current rents for the upper units are $1,130 for the top unit and $1,440 per month, with projected rent of at least $1,600 for the lower unit with private entrance and patio. A full, unfinished basement provides additional storage. Located just steps from Fairmount Avenue, with easy access to ALDI, GIANT Heirloom Market, Klein’s, and a short ride to Whole Foods, Center City, and Rittenhouse Square. A strong opportunity to secure an income-producing property with a below-market interest rate, solid layout, and long-term upside.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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