517 Fairmount Avenue

Philadelphia, PA
$ 840,000 Beds 5 Baths 0
Monthly Estimate* How much can I afford?

Calling all investors! If you’ve been searching for your next asset, this legally zoned multi-unit on the beautiful block of Fairmount Ave in Northern Liberties is exactly what you’ve been waiting for. 517 Fairmount has four well maintained and recently updated apartments that are fully rented and ready to be taken over.The first floor unit features a large, open living space with one bedroom, one very large bathroom, a full eat in kitchen and beautiful private outdoor space. On the second floor are two separate one bedroom, one bath units. The rear unit features its own private deck off the bedroom, and the front unit has a new kitchen. The third floor unit is a two bedroom bi-level apartment with tons of natural light, original details throughout and one bath. Current rent roll for the building is $5550, which is about $700 below the current rental market value in this area. Conveniently located within close proximity to center city and perfect for rentals to Temple students. This property is also steps away from neighborhood favorites like Honey’s, Cafe LaMaude, North Third, Liberty Land’s Park and the shops at Schmidt’s Commons (formallyThePiazza). With positive cash flow on day one, this property is perfect for the savvy investor, or someone looking for an entire portfolio under one roof !

Multi-Family

  • Price
  • $ 840,000
  • Lot Size
  • 1,742 SqFt
  • Bedrooms
  • 5
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • County
  • PHILADELPHIA
  • Style
  • Area
  • MLS#
  • PAPH1019366
  • Zip
  • 19123
Listing Provided by: Space & Company
Data Source: Bright MLS - 382 - MD

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Blue Bell, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School
Middle School
High School

Price History

5/20/2021 Listed $840,000

Property vs Zip Code Average in 19123

Price
AVG $910K
$840K

Map

517 Fairmount Avenue Philadelphia, PA is a Single Family Home for sale at $840000 and a lot size of 1,742 SqFt Acre(s). 517 Fairmount Avenue Philadelphia has 5 bedrooms, 0 baths . The property's zip code is 19123 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.