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1720 Fontain St
For Sale $540,000 ($185.44 per Sq Ft)
$540,000 ($185.44 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,912 Sq Ft
- 928 Sq Ft
Description
Welcome to 1720 Fontain St - Your Gateway to Prime Investment Opportunity! Nestled just a stone's throw away from Temple University's bustling campus, this remarkable RM-1 zoned, duplex is a beacon of solid income and cash flow. With a stellar track record of full occupancy, this turnkey gem is poised to become your next revenue generator. This meticulously maintained property boasts a strategic location, ensuring swift tenant turnover thanks to its proximity to Temple's Main Campus. Comprising two spacious units, one offering 4 bedrooms and 3 bathrooms, and the other 4 bedrooms and 4 bathrooms. Inside, brand-new kitchens have been thoughtfully installed, elevating the culinary experience for your tenants. The entire building's interior has been freshly painted, providing a crisp, clean canvas for a modern lifestyle. Every room now features new floorings, setting a foundation of style and durability. And the upgrades don't stop there. State-of-the-art lighting graces each apartment, creating an inviting atmosphere for residents. As well as upgraded vanities and bathroom floors. When fully leased, this property can produce an impressive annual income nearing $60,000, and with remarkably low operating expenses, this property commanded a stellar 7.43% cap rate, exceeding market standards. Plus, for your peace of mind, we're offering a generous 6-month builder's warranty. Whether you're a seasoned investor or just embarking on your real estate journey, this building represents a sound addition to your portfolio. Don't miss out on this exceptional opportunity to secure your future in real estate. Act now and make 1720 Fontain St your gateway to financial success!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $540,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,912 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2011 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 321166801 |
| MLS # | PAPH2391064 |
| Property ID | 320805194 |
| Lot Sqft | 928 |
| Zoning | RM1 |
| Total Units | 2 |
| Days on Market | 88 |
| Original List Price | Unknown |
| Date Updated | November 21, 2024 |
| Date Created | August 27, 2024 |
Listing Provided By
John Jerome Perez Mangubat I an agent of . Lic #RS350487
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Data last updated: November 23, 2024.
Robert Crawford
REAL ESTATE AGENT