$235,000

1939 FONTAIN STREET, Philadelphia, PA 19121

  • 1,414 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $166/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This spacious duplex featuring two 2-bedroom, 1-bathroom units is a prime investment opportunity in the heart of North Philadelphia. Whether you're a first-time homebuyer looking to live in one unit and rent out the other, or a seasoned investor adding to your portfolio, this property checks all the boxes. Both units are in good condition, with modern layouts and only a few updates needed to maximize rental income and equity growth. Previously rented for $1700/month with the potential of reaching $2100/month with updates, the property's proximity to Temple University also makes it ideal for student housing. Unit 1 offers two bedrooms, one full bathroom, open kitchen living space , access to a private backyard, and an unfinished basement for extra storage with laundry hook up. Unit 2 mirrors the same 2-bed, 1-bath layout with generous living space, kitchen, and great natural light throughout with laundry hook up. This is a low-maintenance, high-potential property that qualifies for FHA(203K)loans or 3% down conventional financing, plus potential grant options to help reduce out-of-pocket costs. Conveniently located near Broad Street and Temple University, with easy access to public transportation, this property offers urban living with strong rental demand. Don’t miss your chance to secure a cash-flowing asset in a growing area.

Listing Status:
Active
Date Added:
March 27, 2025 at 05:00AM
Listing Office:
KW Empower : 2156273500
Listing Agent:
Juanita Nashay Jackson : 2672577790
MLS ID:
PAPH2462578
  • A/C: None
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Juanita Nashay Jackson, KW Empower

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

Tanner G. Duckrey School

1501 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.36 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.26 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby