About This Home

This 0-bedroom, 0-bathroom multi-family at 3861 FAIRMOUNT Avenue in Philadelphia, PA is listed for $739,000 ($176 per sqft). Built in 2024, the home offers 4,200 sqft of living space on a N/A lot.

Key Features

  • Built in 2024

Property Details

2024

Amenities

A/C
Listing Description

FULLY LEASED TURNKEY TRIPLEX WITH HIGH CAP RATE & TAX ABATEMENT An exceptional opportunity to acquire a fully occupied, high-yielding multi-family property situated in a premier Philadelphia rental corridor, mere steps from Drexel University and the University of Pennsylvania.

Boasting immediate cash flow, an advantageous tax abatement, and an ideal location near Penn Presbyterian Hospital, this asset delivers everything investors seek: strong yield, superior condition, and sustained appreciation potential. PROPERTY & UNIT HIGHLIGHTS This modern triplex offers three luxury, condo-grade apartments designed with open layouts, elevated finishes, rustic flooring, and modern kitchens with stainless steel appliances.

Unit 1: 3 Bedrooms / 3 Bathrooms with a private rear patio. Unit 2: 2 Bedrooms / 2 Bathrooms. Unit 3: 2 Bedrooms / 2 Bathrooms with exclusive access to a private rooftop deck. INVESTOR-FRIENDLY UTILITIES & OPERATION Each residence is equipped with individual HVAC and water heating systems, in-unit laundry, en-suite bathrooms, and separate meters for gas and electricity.

This independent utility setup minimizes operational overhead and simplifies management. LOCATION & DEMAND Located within walking distance of higher education institutions, medical centers, public transit, and the dining, retail, and nightlife along Lancaster Avenue, this property maintains strong tenant demand among students, faculty, and healthcare professionals. Fully tenanted with a 2-year history of reliability, this turnkey investment provides immediate income, tax benefits, and long-term stability.

Monthly Cost Estimate

$3,952/mo

20% down · 6.5% · 30 years

Principal$534
Interest$3,202
Insurance$216

Estimates only. Actual payments may vary.

Location

3861 FAIRMOUNT Avenue

Philadelphia, PA 19104

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3861 FAIRMOUNT Avenue is listed at $739,000 ($176/sqft). The estimated monthly payment is $3,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2024.

This property is listed by Haci R Kose.

HK

Haci R Kose

Agent at RE/MAX Preferred

Listed by RE/MAX Preferred · Broker phone: (856) 810-8282 · View on Broker Site · Broker website

MLS# PAPH2682788· Source: Bright MLS· 13 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3861 FAIRMOUNT Avenue, Philadelphia, PA 19104

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