413 FAIRMOUNT AVENUE Overview
- Time on Site:
- 53 days
- Visits:
- 24
This well-maintained triplex in the heart of Northern Liberties offers an income-producing opportunity, blending stable commercial income with highly desirable residential layouts, all while providing a 6% cap rate. The ground floor is occupied by a long-term commercial tenant and features access to both the basement and a private rear yard, along with a separate office space at the rear—adding flexibility and additional functionality to the footprint. The second and third floors each feature thoughtfully designed two-bedroom, two-bathroom residences with an ideal, tenant-friendly layout. Bedrooms are positioned on opposite sides of the unit, creating privacy and balance, while the kitchen and open-concept living and dining areas anchor the center of the home. Each kitchen is equipped with stainless steel GE appliances, abundant cabinetry, granite countertops, and a center island perfect for everyday living and entertaining. Natural light fills both units, complemented by clean finishes and a functional flow that appeals to a wide range of renters. Washer and dryers are discreetly tucked into hallway closets in each apartment, and all utilities, including gas and electricity, are separately metered for convenience and efficiency. The third-floor unit is further enhanced by a private roof deck with sweeping city views—an increasingly sought-after feature that adds meaningful value and tenant appeal. Ideally located with easy access to major highways and just blocks from The Piazza, La Maude, The Random Tea Room, as well as the vibrant offerings of Old City and Fishtown. Whether you're an investor or an owner-occupant, this property is well-positioned for both immediate income and long-term appreciation.
413 FAIRMOUNT AVENUE Facts & Features
- Type Multi-Family
- Sq. ft. 4,296
- Price/Sq.ft. $177
- Lot 0.04 Acres
Details
General
Income/Expenses
- Existing Lease Type: Yearly
- Gross Income: 75000.00
- Income Includes: Apartment Rentals,Professional Offices
- Insurance Expense: 9388.00
- Maintenance Expense: 1200.00
- Net Operating Income: 49790.01
- Operating Expense Includes: Insurance
- Trash Expense: 500.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 4296
- Year Built: 1936
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19123 (19123)
Parking Information
- Total Parking Spaces: 0
- Type of Parking: None
Tax Information
- Tax Annual Amount: $10,282.00
- Tax Assessed Value: 734500.00
- Tax Year: 2026
General Information
- Exclusions: All tenants property.
- Inclusions: Washers, Dryers, Refrigerator
- Property Sub Type: Triplex
- Property Type: Multi-Family
- Rent Control: No
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: C1
Unit Information
- Other Units: Unit 1,Unit 2,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 4296
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: Entry Slope <1'
- Cooling: Central A/C
- Foundation Details: Brick/Mortar
- Living Area: 4296
- Living Area Source: Estimated
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Size Source: Estimated
- Lot Size Square Feet: 1800.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Traditional
- Construction Materials: Brick
General Information
- Number Of Units Leased: 3
- Number Of Units Mo Mo: 1
- Number Of Units Total: 3
- Number Of Units Vacant: 0
- Other Structures: Above Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Total Rent: 2000.00
- Beds Total: 0
- Description: Basement access, rear yard, private office
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 2000.00
- Beds Total: 2
- Description: Washer, dryer, balcony
Unit 3 Details
- Unit Type: Unit 3
- Total Rent: 2250.00
- Beds Total: 2
- Description: Washer, dryer, roof deck
413 FAIRMOUNT AVENUE Neighborhood
Community
19123 (PHILADELPHIA) Demographics
413 FAIRMOUNT AVENUE Monthly Cost
413 FAIRMOUNT AVENUE Market Data
Based on the last 30 days in this zip code
413 FAIRMOUNT AVENUE History
| Date | Value | Agent |
|---|---|---|
| 6/30/2026Source: BRIGHT MLS | PENDING |
Marc Hammarberg Listing Agent |
| 6/15/2026Source: BRIGHT MLS | PENDING |
Marc Hammarberg Listing Agent |
| 6/12/2026Source: BRIGHT MLS | ACTIVE UNDER CONTRACT |
Marc Hammarberg Listing Agent |
| 5/22/2026Source: BRIGHT MLS | ACTIVE UNDER CONTRACT |
Marc Hammarberg Listing Agent |
| 5/14/2026Source: BRIGHT MLS | May 14, 2026 |
Marc Hammarberg Listing Agent |
| 5/8/2026Source: BRIGHT MLS | May 08, 2026 |
Marc Hammarberg Listing Agent |
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
Contact Information: [email protected] - 2155460550