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ActivePhiladelphia, PA, 19130
Exceptional 5 unit Investment Opportunity in the Heart of Fairmount Nestled among the grand Gilded Age mansions and mature, tree-lined streets of Philadelphia’s coveted Fairmount neighborhood, this 5-unit property offers a rare chance to bring new life to a historic building. Just steps from bustling Fairmount Avenue—home to some of the city’s best restaurants, cafes, and boutiques—and with easy access to public transportation and I-76, this location is a commuter’s dream and a renter’s paradise. The property consists of: Three (3) spacious 2-bedroom, 2-bathroom units Two (2) spacious 1-bedroom, 1-bathroom units Private backyard space Rooftop access for the top two units, offering potential for stunning skyline views This building is in need of a complete rehab, making it an ideal candidate for a multifamily rental renovation or condominium conversion project. A fire affecting the roof occurred in October 2024. Buyers are strongly encouraged to perform all necessary due diligence, including a full structural assessment. Bring your vision and transform this historic gem into a modern masterpiece in one of Philadelphia’s most desirable neighborhoods.
Listed by: Gaurav Gambhir, KW Empower
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