Property Details

Description

Invest in this quintessential Fairmount block, lined with trees and steps away from Lucky Goat Coffee House, 2637brew, Lazos Pizza & Grill, and Krupa’s Tavern. Easy access to all the nightlife, shopping, and entertainment of Fairmount Ave. Less than a 10-minute walk to the nature trails and ball fields of Fairmount Park and less than a 10-minute drive to I76 or the Philadelphia Zoo. This duplex has a 2nd/3rd floor bi-level, 3 bedroom apartment home plus a 1 bedroom + den flat with a huge outdoor space. Unit 1 is rented for $1670 through 3/31/25, and Unit 2 is rented for $1965 through 5/31/2025. Owner pays for cold water and gas, which covers heat, hot water, and cooking. Tenants pay for their own electric. Owner paid $1613 for gas for the 12-month period from August 2023 to July 2024. UNIT 1: super cute apartment with access to the basement for storage and private use of the large yard. Enter through the living room, styled with built-in shelving and wood flooring. Down the hall is the bedroom and bathroom. Towards the back of the home is the full eat-in kitchen with laundry and a bonus room that could be used for a pantry, home office, den, or storage. UNIT 2: has 2 bedrooms and a hall bathroom with a tub on the 2nd floor of the building, plus a laundry room that could also be used as a home office, craft room, or guest room. On the 3rd floor of the building is the 3rd bedroom, to the rear, plus a hall bathroom with shower stall and an oversized living room with a double-wide closet and access to the kitchen. The kitchen has a dishwasher to make your tenant’s life easier! Beautiful wood blinds throughout and original wood floors, too. 3 Window A/C units were provided to the tenant for Unit 2, and 2-3 floor units were provided to Unit 1. The water line was replaced in 2022, the electrical boxes were updated in 2020, the front steps were replaced, new chimney, new windows, and new siding in the back. The washer/dryer upstairs and oven downstairs are each about a year old, too. With all that the Fairmount neighborhood has to offer, now is the perfect time to add 885 N 27th Street to your real estate portfolio!

Features