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3908 Fairmount Avenue

Philadelphia PA 19104

6
2457 sq. ft.
1456.01 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent investment opportunity at 3908 Fairmount Avenue! This income-producing triplex features three well-appointed 2-bedroom, 1-bathroom units and offers strong existing rental income in Philadelphia’s 19104 zip code. The property currently generates $5,141 per month in rental income, with individual rents of $1,800, $1,640, and $1,701, producing a total gross annual rental income of $61,692. Adding significant value for the next owner, the property benefits from a tax abatement through 2034, helping to keep operating expenses lower for years to come. Each unit offers two bedrooms and one full bathroom, providing a practical and desirable layout for tenants. Conveniently located near public transportation, universities, hospitals, shopping, dining, and major roadways, with easy access to Center City. 3908 Fairmount Avenue presents an attractive opportunity for investors seeking a multifamily property with immediate rental income, a desirable unit mix, and the added benefit of a tax abatement through 2034.

Features

6 bedrooms
2457 sq. ft. floor area
1456.01 sq. ft. lot size
Duplex

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 6 bedroom duplexes in Philadelphia

In the last 12 months, 9 six-bedroom duplexes similar to 3908 Fairmount Avenue, have been sold.

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Sales:
(619) 566-0008
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