Welcome to 1524 Fontain Street, a turn-key, high-performing investment property located in the prime Temple University area - just a 2-minute walk to main campus. This fully renovated, legally zoned property was updated in 2016 and is a true cash cow, offering incredible rental income potential with 0% vacancy under… Read More the current ownership. The property has been legally rezoned to accommodate four separate leases, making it a rare and valuable find for serious investors. Inside, you'll find four spacious bedrooms, a convenient half bath on the main floor, and two full bathrooms on the second floor, providing plenty of space and comfort for tenants. The fully finished basement adds additional living or storage space, along with central air conditioning and basement laundry - highly desirable features for student renters. With rental income reaching up to $2,400 per lease, this property offers strong, steady cash flow from day one. Whether you're a seasoned investor or just entering the market, 1524 Fontain Street is a rare opportunity to own a legally zoned, consistently leased property in one of Philadelphia's most in-demand rental corridors. Walkable to campus, public transportation, and local amenities - this is an investment you don't want to miss. Read Less
Courtesy of Nikki Gabunia, A-Line Realty Management LLC [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Townhouse
Beds
4
Full Baths
2
Partial Baths
1
Square Ft.
1,560
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2534836
30 Days Snapshot Of 19121
$188k
-15%
(avg) sold price
19
-20%
homes sold
78
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Fully Finished, Improved, Interior Access
Building
1,560 sqft living area, 1,560 sqft above grade (finished), Built in 1915, Major renovation in 2016, Structure Type: Interior Row/Townhouse, 3 levels, Contemporary, Mid-Century Modern, Traditional, Masonry
Cooling
Central Air, Electric, Central A/C
Accessibility Features
32+ wide Doors, 2+ Access Exits
Foundation
Concrete Perimeter, Brick/Mortar
Heating
Central, Central
Laundry
Has Laundry, Basement, Dryer In Unit, Washer In Unit
Lot
812 sqft, Lot Size Dimensions: 14.00 x 58.00, 0.02 acres
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