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… Read More 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! Read Less
Courtesy of Jerome Mangubat, Keller Williams Main Line [email protected]
Listing Snapshot
Days Online
23
Last Updated
Property Type
Townhouse
Square Ft.
2,912
Lot Size
0.02 Acres
Year Built
2011
MLS Number
PAPH2391064
Additional Details
Building
2,912 sqft living area, Built in 2011, Structure Type: End of Row/Townhouse, 2 units in building, Traditional, Contemporary, Masonry
Cooling
Central Air, Electric, Central A/C
Heating
Natural Gas, Forced Air
Lot
928 sqft, Lot Size Dimensions: 16.00 x 58.00, 0.02 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, 2 three-bedroom units
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