Property Description

Prime investment opportunity in desirable Fairmount location. Whether you are looking to occupy one unit and let your tenant pay your mortgage or acquire a high-yield, low-maintenance asset for your portfolio, this well maintained easy to manage two-unit building located on a fabulous tree lined street delivers on every front. Both units are completely move-in ready, featuring private, dedicated laundry, central air and modern updates throughout. Gas and electric are fully separated and paid by tenants, two brand-NEW HVAC units, repointed exterior brickwork, and new carpeting make your landlord maintenance obligations minimal, and income is optimized from day one. Unit 1 is currently rented and is a 2 bedroom/ 1 bath ground floor unit with an open kitchen to living room space, a private rear patio, central air, and laundry in the basement which also offers storage. Unit 2 is spacious occupying two floors and has 3 bedrooms and 1.5 baths. It is flooded with natural light, has an open living to kitchen space with hardwood flooring, 3 nice size bedrooms, in unit full size laundry and central air. Low vacancy and easy to rent with current rents below market, this is a wonderful opportunity to own in an appreciable neighborhood and make money now. Tenants and owners alike will love being steps from world-class museums, Fairmount Park, vibrant cafes, organic grocery stores, and local dining favorites plus in the coveted Bache Martin school catchment and one block from the prestigious St. Joe’s Prep. Commuting is a breeze with seamless access to Center City transit routes and major highways. Make 1827 Ginnodo part of your investment portfolio today!

Property Features

Local Schools