PA > Philadelphia
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
Philadelphia, PA 19130,1507 FAIRMOUNT AVE
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Laura Pallay

Laura Pallay

+1(908) 310-0613
Listed by Nadia T Bilynsky • Mallin Panchelli Nadel Realty Inc
$ 1,100,000
Est. payment | /mo

2,985 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

2,985 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,985 sqft

Price per Sqft $368

MLS Listing ID PAPH2525872

Year Built 1920

Annual Tax Amount $9,637

Tax Year 2025

Lot Size 1,834 Sqft

Acres 0.04

Lot Dimensions 23.00 x 82.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

1507 Fairmount Ave., a 5-unit apartment building in the heart of Fairmount. The property was fully renovated in 2011, featuring 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 (2) 2 bed/ 1 bath units and (3) 1 bed/ 1 bath units, all of which are self-contained. The property presents a turn-key investment opportunity with a value-add play 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.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Private Sewer, Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881041755

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(908) 310-0613

laura@thepallayteam.com

21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA

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1507 FAIRMOUNT AVE

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