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3836 Fairmount Ave, Philadelphia, PA, 19104

$275,000

Home List Price

$3,266*

Closing Credit

0 Baths
1,827 SqFt
$151/SqFt
Multi

Location

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3836 Fairmount Ave, Philadelphia$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1915
HeatingBaseboard
CoolingWindow Unit(s)
MLS #PAPH2421254
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 3836 Fairmount Ave

3834 and 3836 Fairmount offer a unique opportunity to own two side-by-side triplexes in the rapidly developing Mantua neighborhood of West Philly, close to U Penn and Drexel. This area is experiencing significant growth with new construction and vacant lots, making it an ideal location for long-term investment and potential appreciation. While the triplexes require some additional upgrades, the current owner has already started renovations, allowing you to step in and complete the work. The first floor is occupied with a long term tenant and is spacious 2-bedroom, 1-bath unit with basement and backyard access. It features a living room and two bedrooms separated by the kitchen. The second floor has a spacious and renovated 1-bedroom, 1-bath unit with a smaller kitchen and a large bedroom, along with new vinyl flooring and fresh paint. The bathroom is accessible from the hallway. The layout is flexible and could be redesigned to increase rental value. The third floor features a 1-bedroom, 1-bath unit with a large kitchen and bathroom, needing some updates to meet market standards.The second and third-floor units are currently vacant, giving you the opportunity to renovate for higher rental income and select your own tenants. The dry basement includes utilities, additional storage, and the potential to add a washer/dryer, which could increase rental income for the first-floor unit. The backyard offers additional possibilities for future development.This triplex presents great potential for appreciation and rental income, making it an excellent investment for the right buyer. Don’t miss out—take a look!

Property Details

Property Features

Property Information:

  • Architectural Style: Dwelling with Rental, Victorian
  • Year Built: 1915
  • Living Area: 1,827 SqFt

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Katherine Vail

Interior Features

Interior Information:

  • Flooring Type: Solid Hardwood, Vinyl

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Please use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $1,306
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

3836 Fairmount Ave vs Philadelphia

1 DAY ON ROCKET

-43 Days

$275,000

+$13.1K More

$151/SqFt

-$48 Less

KEY TAKEAWAY

This property is $13.1K more than the Median Sold Price and $48/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2421254

Listing Office:

  • Office Name: Elfant Wissahickon-Rittenhouse Square
  • Office Phone: (215) 893-9920
  • Listing Agent: Katherine Vail

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2014Home Sold
$27,102

Tax History

YEARPROP. TAXASSESSMENT
2020$1,306 -
2019$1,257$89,800
2018$1,078$77,000
2017$1,078$77,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-161285
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.45 miles

  • Public District Grades KG-4

school-card-donut-161286
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 0.96 miles

  • Public Charter Grades PK-5

school-card-donut-161287
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 2.05 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,536. The majority of Philadelphia, PA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19104›3836 Fairmount Ave

This home is located at 3836 Fairmount Ave in Philadelphia, PA and zip code 19104 in the Mantua neighborhood. This 1,827 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $275,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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