Philadelphia, PA 19121 1939 Fontain Street

Presented By: KW Empower
  • MLS# PAPH2462578
  • 03/27/2025
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  • Beds • 4

Home Details

This spacious duplex featuring two 2-bedroom, 1-bathroom units is a prime investment opportunity in the heart of North Philadelphia. Whether you're a first-time homebuyer looking to live in one unit and rent out the other, or a seasoned investor adding to your portfolio, this property checks all the boxes. Both units are in good condition, with modern layouts and only a few updates needed to maximize rental income and equity growth. Previously rented for $1700/month with the potential of reaching $2100/month with updates, the property's proximity to Temple University also makes it ideal for student housing. Unit 1 offers two bedrooms, one full bathroom, open kitchen living space , access to a private backyard, and an unfinished basement for extra storage with laundry hook up. Unit 2 mirrors the same 2-bed, 1-bath layout with generous living space, kitchen, and great natural light throughout with laundry hook up. This is a low-maintenance, high-potential property that qualifies for FHA(203K)loans or 3% down conventional financing, plus potential grant options to help reduce out-of-pocket costs. Conveniently located near Broad Street and Temple University, with easy access to public transportation, this property offers urban living with strong rental demand. Dont miss your chance to secure a cash-flowing asset in a growing area.
Presented By: KW Empower

Interior Features for 1939 Fontain Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas

General for 1939 Fontain Street

Acceptable FinancingFHA 203(k), Cash, Conventional
AccessibilityNone
Architectural StyleA-Frame
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsUse GPS Directions
Garage Y/NNo
HeatingBaseboard - Electric
Lot Size Square Feet1140.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-04-17T14:51:09
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG166.2
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameTEMPLE UNIVERSITY
Tax Annual Amount3751.0
Tax Assessed Value268000.0
Tax Lot52
Tax Year2024
Total SQFT1414
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRSA5

Exterior for 1939 Fontain Street

Foundation DetailsBrick/Mortar
Land Assessed Value53600.00
Land Use CodeU30
Lot Dimensions15.00 x 76.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $235,000
MLS#PAPH2462578
List Date 03/27/2025
Property Type Multi-Family
Phone 703.929.4729
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