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Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties.  See additional listings at 2201 and 2209 Mt Vernon as well as 2200 Wallace St. Can be purchased separately or as a package. 

Do not pass up this incredible opportunity to possess a cash cow of an investment property in Fairmount! This outstanding property consists of two, 1 bedroom units, and one, 2 bedroom unit, all while being located just a short walk from Fairmount Avenue!

Enter the first floor unit and immediately you are welcomed by a vast center hall detailed with artistic hardwood flooring that guides you to each room throughout. To your left sits a sumptuous dining area/kitchen, equipped with white wooden cabinetry and state-of-the-art appliances. Follow the hardwood flooring to the expansive living room elegantly accented with custom built-in shelving, enough space to accommodate an office area, and luxurious french glass doors that lead out to an intimate rear brick patio. Situated in the front of the unit is the large primary suite and full hall bathroom. 

Upon entry into the second unit, you are greeted by the gourmet kitchen that boasts finely manicured wooden cabinets and five-star appliances. Through the kitchen sits the formal dining/living area, accented beautifully with oversized windows, hardwood floors, and luxurious chandelier fixture. Hardwood floors guide you to the primary suite with ample closet space in the front of the unit, as well as a full hall bathroom.

The two bedroom, one bathroom third unit of this property welcomes you with an expansive eat-in kitchen equipped with an influx of counter space, top of the line appliances, a formal dining area, and a plethora of wooden cabinetry. Directly adjacent to the kitchen is the extensive living room, detailed with hardwood flooring, an abundance of natural light, and custom built-in shelving. Two spacious bedrooms, each with sufficient closet space and hardwood flooring, and a full hall bathroom complete this unit. All three units of this property share a lower level laundry area.

All three units have a monthly rent of $1600, with Unit 1’s lease lasting through June of 2023, Unit 2’s lease ending at the end of September of 2022, and Unit 3’s lease ending at the conclusion of April 2023.

This property sits just steps away from the beautiful lush greenery of Corinthian Gardens. Here, community members plant gorgeous vegetation and manicure them daily, adding a breath of fresh air to the neighborhood. Conveniently located just a block off of Fairmount Avenue, there are many local happenings and amenities just a short walk away, including the Eastern State Penitentiary, Zorba’s Tavern, A Mano, Jack’s Firehouse, and more!

"The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia.  Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.” $849,000 PENDING

2205 Mount Vernon Street Philadelphia, Pennsylvania

2,619 SqFt 0.030 Acres

Listing courtesy of Compass Pennsylvania, LLC

Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties.  See additional listings at 2201, 2205 and 2209 Mt Vernon. Can be purchased separately or as a package. 

On a quaint street in the highly desirable neighborhood of Fairmount, an incredible investment opportunity awaits you. This income-generating duplex features separate one and two-bedroom units, each with their own unique touches.

Unit one encompasses the entire first level of this home. Making your way through the entrance, you are immediately greeted by a spacious living room that features oversized windows, plush carpeting, custom built-in shelving, and recessed lighting. Through the living room is the gourmet kitchen, equipped with a plethora of wooden cabinetry, state of the art appliances, and upgraded countertops. Nestled in the back of this unit sits the grand primary suite accented with rustic exposed brick and ample closet space. The primary suite enjoys the use of a tiled full hall bath. This unit is complete with an expansive backyard brick patio that has plenty of space to accommodate an outdoor gathering with family and friends or a large private gardening area, and an exclusive laundry room on the lower level.

The two bedroom, one bathroom second unit is wonderfully spread across two floors. A sun soaked living room welcomes you into the unit, adorned with custom built-in shelves, sophisticated exposed brick, and oversized windows. Find your way to the carpeted hallway and step into the first bedroom, complete with plush carpeting, extensive closet space, and an elegant chandelier light fixture. Further down the hall is the luxurious kitchen that features stainless steel appliances, an abundance of wooden cabinetry, artistic wooden floors, and an expertly detailed tile backsplash. Make your way upstairs to the tasteful second floor loft that hosts the charming primary suite accented with carpeting, a wonderful view of the living room below, a fortune of natural light, and recessed lighting. The primary suite enjoys the use of a masterfully tiled ensuite bathroom that hosts a large single vanity and washer/dryer.

Unit one is currently vacant, and Unit 2’s lease ends at the midway point of July 2022 with a monthly rent of $1825.

This property sits just steps away from the beautiful lush greenery of Corinthian Gardens. Here, community members plant gorgeous vegetation and manicure them daily, adding a breath of fresh air to the neighborhood. Conveniently located just a block off of Fairmount Avenue, there are many local happenings and amenities just a short walk away, including the Eastern State Penitentiary, Zorba’s Tavern, A Mano, Jack’s Firehouse, and more!

The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia.  Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results. $650,000 ACTIVE UNDER CONTRACT

2200 Wallace Street Philadelphia, Pennsylvania

2,187 SqFt 0.030 Acres

Listing courtesy of Compass Pennsylvania, LLC

Fantastic Home in Passyunk Square!  Amazing location, nestled on a quiet hidden street in a great neighborhood. This house offers three separate outdoor spaces including a gorgeous roof deck with amazing views.  Walk into the home and see an open floor plan with beautiful finishes and hardwood floors. Walk through the dining area to the modern kitchen with stainless steel appliances. The kitchen leads to a backyard suitable for grilling, gardening or just hanging out. Head downstairs to the finished basement which has a laundry room with storage, half bath and large family room or study.  Get extra cozy on movie nights with a pull down projection screen that displays on the entire back wall. The second floor has two bedrooms and a full hallway bathroom. The third floor is dedicated to the primary suite and was customized to include a large bathroom with an luxuriously large shower, custom 12-foot California Closet with built-ins and open floor plan. The primary bedroom also has a beautiful balcony with built-in patio heater to enjoy three seasons. There is still another floor with a full roof deck with amazing city views and 360 fireworks during the holidays. Just a short walk to all the restaurants and shops of one of Philly’s finest neighborhoods. There are approximately four years remaining on tax abatement. 

The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia.  Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results. $575,000 ACTIVE UNDER CONTRACT

1439 S Beulah Street Philadelphia, Pennsylvania

3 Beds 3 Baths 1,941 SqFt 0.020 Acres

Listing courtesy of Compass Pennsylvania, LLC