Welcome to one the best solid income producing and cash flowing multifamily RM-1 zoned duplex just a few blocks from the heart of Temple's campus.This turn in key FULLY OCCUPIED multi family has been perfectly maintained and waiting for its new owner.This meticulously maintained property is situated at walking distance from the Temple Main Campus that gives units a big opportunity to be always rented quickly. This two unit apartment offers 8-bedroom 7-bathroom units. The units feature oak hardwood floors, granite countertops, shaker cabinetry, tiled bathrooms, and a washer/dryer in each unit.With regards to income producing, the units are producing almost $60,000 yearly. With low operating expense, the building offers at over 7.5% cap rate which is above market rate.This building offers excellent investment value and will be a great addition to any investor's portfolio! Schedule an appointment today!
Off market
$508,300
1720 Fontain St, Philadelphia, PA 19121
4beds
0baths
3,500sqft
MultiFamily
Built in 2011
-- sqft lot
$508,300 Zestimate®
$145/sqft
$1,439 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- central
Cooling
- Central, Other
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
Interior area
- Total interior livable area: 3,500 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 871 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2011
Community & neighborhood
Location
- Region: Philadelphia
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$508,300
2% more+ $10,166
With Zillow Showcase(estimated)
$518,466