3904 Fairmount Avenue

Description

Welcome to this great investment opportunity in Philadelphia! This duplex, located consists of two units. One unit is currently rented out, providing steady rental income to the new owner from day one. The other unit was under construction but still needs to be rehabbed and finished, presenting an opportunity for the new owner to complete the project and potentially increase rental income.Buyer must verify all taxes and certifications independently. The property is zoned for single-family occupancy, but the seller was granted a permit in 2018 for the addition of the other unit. This permit can be transferred to the new owner, subject to obtaining any necessary approvals from the relevant authorities.One unit is rented and the other unit, which needs rehabbing, provides a chance for the new owner to put their own touches on the property and increase its value. Depending on how the unit is finished, the property could be rented out as two separate units or combined into a larger single-family home.The property is located in a desirable area of Mantua, close to public transportation, shops, and restaurants. The location makes it highly attractive to potential tenants, ensuring high occupancy rates.This is an excellent opportunity for an investor or homeowner looking to expand their real estate portfolio. With one unit already rented out and another waiting to be rehabbed, this duplex presents an opportunity to generate steady rental income and increase property value. Contact us today to schedule a viewing and see the potential for yourself!