1720 Fontain St Philadelphia, PA 19121

This fee-simple, stabilized Class B multifamily investment property is located at 1720 Fontain St, Philadelphia, PA 19121. Built and renovated in 2011, this one-building, three-story duplex offers 2 units totaling 2,200-2,500 square feet on a 928 sq ft lot. The property boasts 8 bedrooms across the two units and is currently operating at 100% occupancy, generating a Net Operating Income (NOI) of $43,828, resulting in a 7.90% cap rate. Each unit is priced at $277,500, with a total asking price of $555,000. The property is zoned RM1 and is situated near Temple University, benefiting from a strong student rental market and convenient access to local amenities. The property's strong performance and location make it an attractive investment opportunity. Detailed financials are available upon request. The property is for sale by owner.