For Sale
$555,000
1720 Fontain St Philadelphia, PA 19121
8-Bed Student Housing Duplex, 7.9% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $555,000 asking price for a stabilized, Class B, student housing duplex.
- 7.90% cap rate with a $43,828 NOI and 100% occupancy.
- Located near Temple University in Philadelphia, PA, offering a strong student rental market and convenient access to amenities.
- One building, three stories, 2 units, 8 beds, 2,200-2,500 square feet, built and renovated in 2011, on a 928 sq ft lot. Zoned RM1.
- 2214 N Camac St. (part of this portfolio) is located in a Qualified Opportunity Zone, offering potential tax advantages.
Property Details for 1720 Fontain St
- Property type
- Dormitories, Student housing
- Square Feet
- 2,200 SF
- Class
- B
- Year Built/Renovated
- 2011/2011
- Buildings
- 1
- Stories
- 3
- Units
- 2
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 39.9847361
- Longitude
- -75.1623939
Nearby Similar for Sale
FAQs
- What type of property is this?
- Dormitory - 8-Bed Student Housing Duplex, 7.9% Cap Rate
- Where is the dormitory located?
- The property is located at 1720 Fontain St Philadelphia, PA.
- What is the asking price?
- The asking price for this property is $555,000.
- What are key features of this property?
- This property features: $555,000 asking price for a stabilized, Class B, student housing duplex.; 7.90% cap rate with a $43,828 NOI and 100% occupancy.; Located near Temple University in Philadelphia, PA, offering a strong student rental market and convenient access to amenities.
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