1542 FONTAIN Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 8, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 1542 FONTAIN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Wood Floors
- Appliances
- Dryer, Refrigerator, Washer, Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric
- Standard status
- Active
- Size
- 4,011 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2185
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Michael Coleman (484) 942-6266
Listing office Keller Williams Realty Devon-Wayne 744 W Lancaster Avenue unit: 125, Wayne, PA (610) 647-8300
Listing date Jun 8, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction duplex (under construction) with 2 units totaling 8 bedrooms and 8 bathrooms.
- More than 4,000 sq ft with a 3‑bed/3‑bath unit and a 5‑bed/5‑bath unit layout.
- 100% occupied and leased through July 2027, generating $75,600 in annual gross rental income.
- Central air and forced‑air heating, with in‑unit laundry in both units.
- Lower unit offers a private rear patio; upper unit includes an exclusive roof deck.
- Tax abatement through 2035 (estimated remaining savings of approx. $80,000); located in the Temple University Patrol Zone, about 2 blocks from campus.
Overview
The duplex is located in Philadelphia and is within the Temple University Patrol Zone, described as approximately two blocks from the main campus. The property is fully occupied and is leased through July 2027. Per the listing, showings require 24-hour notice. The owner also indicates the property is being marketed individually and as part of a package that includes additional properties identified by MLS numbers PAPH2632718, PAPH2632744, PAPH2635058, and PAPH2635078.
For investors seeking a turn-key, income-producing student housing asset, the duplex presents an in-place occupancy position through mid-2027 and an indicated $75,600 in annual gross rental income. The listing also notes a tax abatement through 2035, including an estimated remaining tax savings of approximately $80,000. With its dedicated bedroom-to-bathroom layouts and privacy-focused outdoor features, the property is positioned specifically for the student rental market.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1595841
- Latitude
- 39.9843216
