1542 FONTAIN Street, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 11:06 am
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 in Temple University Patrol Zone, about two blocks from main campus
- Layout includes a 3‑bed/3‑bath unit and a 5‑bed/5‑bath unit, totaling 8 bedrooms and 8 bathrooms
- More than 4,000 SF duplex with wood floors and masonry construction
- Central air with forced‑air heating, plus in‑unit laundry in both units
- 100% occupied with leases through July 2027 and $75,600 in annual gross rental income
- 10‑year tax abatement through 2035 with an estimated remaining tax savings of approximately $80,000
Overview
The property is located in Philadelphia, PA 19121 at 1542 FONTAIN Street. Public remarks indicate the asset is within the Temple University Patrol Zone and approximately two blocks from the main campus.
For investors and operators seeking a turn-key student housing duplex, this offering provides fully stabilized, in-place tenancy with modern building systems and layouts. A tax abatement through 2035 is also noted in the listing remarks, supporting an ownership advantage through the remainder of the abatement period.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.1595841
- Latitude
- 39.9843216