2.75% assumable FHA mortgage available for qualified buyers. Live in one unit and rent the others in this updated three-unit property in a prime Fairmount/Francisville location, offering a rare opportunity for both owner-occupants and investors.Each unit has been updated within the last 10 years and features a bright, modern feel with abundant natural light, in-unit washer and dryer, dishwasher, and updated kitchens and bathrooms. The first-floor unit is especially appealing for an owner-occupant, with a private entrance and a large patio that feels like a separate home while still generating income from the upper units.The second-floor apartment spans the full length of the building, while the top-floor unit includes a private deck and ductless HVAC. This flexible setup works well for a buyer looking to offset their mortgage or an investor seeking a clean, well-maintained asset.Current rents for the upper units are $1,130 for the top unit and $1,440 per month, with projected rent of at least $1,600 for the lower unit with private entrance and patio. A full, unfinished basement provides additional storage.Located just steps from Fairmount Avenue, with easy access to ALDI, GIANT Heirloom Market, Klein’s, and a short ride to Whole Foods, Center City, and Rittenhouse Square.A strong opportunity to secure an income-producing property with a below-market interest rate, solid layout, and long-term upside.
Listed by:
KW Empower
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 29, 2026 | 26 days ago | Price decreased19,100 (3%) | $599,900 |
| Apr 5, 2026 | 3 mos ago | Price decreased6,000 (1%) | $619,000 |
| Mar 18, 2026 | 3 mos ago | New on market | $625,000 |