1524 FONTAIN STREET
Philadelphia, PA 19121
1560 sqft | 4 beds | 2.5 baths | 0.02 acres | #PAPH2534836
Description
Welcome to 1524 Fontain Street, a turn-key, high-performing investment property located in the prime Temple University area—just a 2-minute walk to main campus. This fully renovated, legally zoned property was updated in 2016 and is a true cash cow, offering incredible rental income potential with 0% vacancy under the current ownership. The property has been legally rezoned to accommodate four separate leases, making it a rare and valuable find for serious investors.
Inside, you’ll find four spacious bedrooms, a convenient half bath on the main floor, and two full bathrooms on the second floor, providing plenty of space and comfort for tenants. The fully finished basement adds additional living or storage space, along with central air conditioning and basement laundry—highly desirable features for student renters. With rental income reaching up to $2,400 per lease, this property offers strong, steady cash flow from day one.
Whether you're a seasoned investor or just entering the market, 1524 Fontain Street is a rare opportunity to own a legally zoned, consistently leased property in one of Philadelphia’s most in-demand rental corridors. Walkable to campus, public transportation, and local amenities—this is an investment you don’t want to miss.
Property Details
- BasementFully Finished, Improved, Interior Access
- FoundationConcrete Perimeter, Brick/Mortar
- SubdivisionTEMPLE UNIVERSITY
- Sewer InformationPublic Sewer
- MLS #PAPH2534836
- Property SubtypeResidential
- MLS #PAPH2534836
- Property TypePurchase
- Utility SourcePublic
- Taxes Annual$3,776
- Cost285000
- Acres0.02
- Square Feet1560
- Year Built1915
- Bathrooms2.5
- Bedrooms4
- Full Baths2
- Half Baths1
Location
Legal
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Last Updated: . Source: BRIGHT
Provided By
Listing Agent: Nicole Gabunia (#3244096), Phone: (267) 625-8707, Email: nicole@alinerealty.com
Listing Office: A-Line Realty Management LLC (#ALINE1)

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