1720 Fontain StPhiladelphia, PA 19121
- Hospitality properties
- 2,200 SF
Property Details for 1720 Fontain St
- Year built
- 2011
- Property size (Sq ft)
- 2,200 SF
- Property type
- Hospitality properties
- Property subtype
- Multifamily properties
Description
This fee-simple, stabilized Class B multifamily investment property is located at 1720 Fontain St, Philadelphia, PA 19121. Built and renovated in 2011, this one-building, three-story duplex offers 2 units totaling 2,200-2,500 square feet on a 928 sq ft lot. The property boasts 8 bedrooms across the two units and is currently operating at 100% occupancy, generating a Net Operating Income (NOI) of $43,828, resulting in a 7.90% cap rate. Each unit is priced at $277,500, with a total asking price of $555,000. The property is zoned RM1 and is situated near Temple University, benefiting from a strong student rental market and convenient access to local amenities. The property's strong performance and location make it an attractive investment opportunity. Detailed financials are available upon request. The property is for sale by owner.
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 39.9847
- Longitude
- -75.1624
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].