$285,000

1524 FONTAIN ST, Philadelphia, PA 19121

  • 1,560 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

Welcome to 1524 Fontain Street, a turn-key, high-performing investment property located in the prime Temple University area—just a 2-minute walk to main campus. This fully renovated, legally zoned property was updated in 2016 and is a true cash cow, offering incredible rental income potential with 0% vacancy under the current ownership. The property has been legally rezoned to accommodate four separate leases, making it a rare and valuable find for serious investors. Inside, you’ll find four spacious bedrooms, a convenient half bath on the main floor, and two full bathrooms on the second floor, providing plenty of space and comfort for tenants. The fully finished basement adds additional living or storage space, along with central air conditioning and basement laundry—highly desirable features for student renters. With rental income reaching up to $2,400 per lease, this property offers strong, steady cash flow from day one. Whether you're a seasoned investor or just entering the market, 1524 Fontain Street is a rare opportunity to own a legally zoned, consistently leased property in one of Philadelphia’s most in-demand rental corridors. Walkable to campus, public transportation, and local amenities—this is an investment you don’t want to miss.

Listing Status:
Active
Listing Office:
A-Line Realty Management LLC : 2676258707
Listing Agent:
Nicole Gabunia : 2676258707
MLS ID:
PAPH2534990
  • Basement: Fully finishedImprovedInterior access
  • A/C: Central A/C
  • Heating: CentralCentral
  • Disability Feature: 32"+ wide Doors2+ Access Exits

This listing courtesy of Nicole Gabunia, A-Line Realty Management LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tanner G. Duckrey School

1501 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.08 miles away

T

Tanner G. Duckrey School

1501 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.08 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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