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3908 Fairmount Avenue Philadelphia, PA $ 690,000
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$ 690,000 Get more info
3908 Fairmount Avenue
$ 690,000
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3908 Fairmount Avenue

Philadelphia, PA, 19104
$ 690,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,766

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Multi-Family Home for sale in Philadelphia, PA

for $690,000 with 6 bedrooms. This home was built in 2022 on a lot size of 0.03.

Excellent investment opportunity at 3908 Fairmount Avenue! This income-producing triplex features three well-appointed 2-bedroom, 1-bathroom units and offers strong existing rental income in Philadelphias 19104 zip code. The property currently generates $5,141 per month in rental income, with individual rents of $1,800, $1,640, and $1,701, producing a total gross annual rental income of $61,692. Adding significant value for the next owner, the property benefits from a tax abatement through 2034, helping to keep operating expenses lower for years to come. Each unit offers two bedrooms and one full bathroom, providing a practical and desirable layout for tenants. Conveniently located near public transportation, universities, hospitals, shopping, dining, and major roadways, with easy access to Center City. 3908 Fairmount Avenue presents an attractive opportunity for investors seeking a multifamily property with immediate rental income, a desirable unit mix, and the added benefit of a tax abatement through 2034.

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Multi-Family Active

Price

$ 690,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 10,499

Style

Contemporary

Lot Size

0.03

Year Built

2022

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2678320
Features
General
Living Area 2457
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat
Zoning RSA5
Architectural Style Contemporary
Construction Materials Brick Stucco Vinyl Siding Concrete
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2022
Electric 100 Amp Service
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 12
Status ACTIVE
Directions From N. 39th Street turn onto Fairmount Avenue and continue to the property at 3908 Fairmount Avenue. The property is near the intersection of N. 39th Street and Fairmount Avenue.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 1456.01
Number of Units Leased 3
Tax Annual Amount 10499.0
Property Condition Excellent
Two Bedroom 3
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 280.83
Acceptable Financing Cash Conventional
Rent Control Y/N Y
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Total Actual Rent 61692.00
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Interior
Heating Fuel Natural Gas
Basement Full
Flooring Hardwood Ceramic Tile
Hot Water Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
Laundry Type Dryer In Unit Washer In Unit
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 750000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3908
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* Excluded Features
List By
Keller Williams Main Line

Broker

denise@gnr-group.com

Email

Affordability Calculator

$5,641
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,766
Monthly Property Taxes
$875
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2026$690,000 Listed Price

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3908 Fairmount Avenue, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $690,000 with a lot size of 0.03. 3908 Fairmount Avenue has 6 bedrooms, 0.0 baths, and was built in 2022. The property's zip code is 19104 which is in Philadelphia, PA

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