French door refrigeratorsVideo-monitored intercom systemBreakfast barsSolid birch hardwood flooringStainless steel appliancesHoneywell wi-fi-controlled thermostats
This exceptional triplex investment opportunity is located just one block from Girard Avenue in the highly desirable Fairmount neighborhood of Philadelphia. Fully leased and generating $5,000 in monthly rental income, the property features three modern units with high-end finishes and strong tenant appeal. Unit A is a bi-level 2-bedroom, 2-bathroom apartment on the first floor, currently rented for $1,900/month. Unit B, located on the second floor, is a 1-bedroom, 1-bathroom unit rented for $1,300/month. Unit C sits on the third floor and includes 2 bedrooms, 1 bathroom, and a private rooftop deck, rented at $1,800/month. Tenants are responsible for all utilities, while the owner covers only hallway lighting and sprinkler water, minimizing ongoing expenses. All three units feature open kitchens with modern quartz countertops, stainless steel appliances, French door refrigerators, 42” cabinets, and breakfast bars. The interiors boast solid birch hardwood flooring, Honeywell Wi-Fi-controlled thermostats, and a video-monitored intercom system. Built new and completed in late 2017, the property benefits from a 10-year tax abatement in place through 2027, offering continued savings for investors. Located in one of Philadelphia’s most vibrant and walkable neighborhoods, the property is just steps from public transit on Girard Avenue, minutes from I-76, and a short walk to the Philadelphia Museum of Art, restaurants, shops, and green spaces. This is a rare opportunity to own a well-maintained, income-producing property in a prime location with minimal operating costs and significant long-term investment potential.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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