$1,000,000

Estimated payment $6,334/month

Total Views 1,247
-- Bed
-- Bath
3,121 Sq Ft
$320 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Ogden Park

About This Home

Fantastic investment opportunity, a 4-unit apartment building in the heart of Fairmount. Built in 2014, the property features new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (1) 2 bed/ 2 bath unit and (3) 1 bed/ 1 bath units, all of which have w/d in unit, outdoor areas, and are self-contained. The property is ideal for investors and owner occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount
section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling
commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.

Listing Agent

Nadia Bilynsky

(267) 546-1710 nbilynsky@mpnrealty.com Mallin Panchelli Nadel Realty Inc Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,378

Year Built

  • Built in 2014

Home Design

  • 3,121 Sq Ft Home
  • Quadruplex
  • Stone Foundation
  • Masonry

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Laundry in unit
  • 1,530 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 471320105

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Insurance Expense $1,827
  • Maintenance Expense $4,000
  • Trash Expense $500
  • Operating Expense $23,182
  • Net Operating Income $44,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,378

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2014
  • Buildout Allowance: No
  • Remarks Public: Fantastic investment opportunity, a 4-unit apartment building in the heart of Fairmount. Built in 2014, the property features new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (1) 2 bed/ 2 bath unit and (3) 1 bed/ 1 bath units, all of which have w/d in unit, outdoor areas, and are self-contained. The property is ideal for investors and owner occupants and provides a value-add opportunity as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3121
  • Living Area Sq Ft: 3121
  • Price Per Sq Ft: 320.41
  • Above Grade Finished Sq Ft: 3121
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 923

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Access To Pool: No
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No

Utilities

  • Refuse: 500.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: Philadelphia City
  • School District Key: 804065840788

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1530.00
  • Property Attached Yn: No
  • Zoning: RM1
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Total Actual Rent: 70800.00
  • Units Leased Count: 4
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Multi Family

  • Operating Expense: 23182.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • School Tax: 6932.00
  • Tax Annual Amount: 12378.00
  • Assessor Parcel Number: 471320105
  • Tax Lot: 158
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: Philadelphia City

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,921 $884,300 $176,860 $707,440
2024 $10,921 $884,300 $176,860 $707,440
2023 $2,184 $780,200 $156,000 $624,200
2022 $2,583 $156,000 $156,000 $0
2021 $2,855 $0 $0 $0
2020 $2,855 $0 $0 $0
2019 $2,836 $0 $0 $0
2018 $1,624 $0 $0 $0
2017 $5,599 $0 $0 $0
2016 $5,599 $0 $0 $0
2015 $137 $0 $0 $0
2014 -- $400,000 $10,200 $389,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,000,000 -- $320 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $85,000 None Available
Deed $1,000 None Available
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2525854

Bright MLS

APN: 471320105