request_info_guest false

1507 Fairmount Ave

$1,100,000

1507 Fairmount Ave, Philadelphia, PA 19130

Active
Last Updated: 09/30/2025

2,985 sqft

Building Size

1920

Year Built

Details:
Building Size:    2,985 sqft
Year Built:    1920
Price Per Sqft:    $368.51
Zoning:    RM1
Highlights:
  • Days on Market: 54
  • Heating: Central
Description:

1507 Fairmount Ave., a 5-unit apartment building in the heart of Fairmount. The property was fully renovated in 2011, featuring new kitchens with stainless steel appliances, granite counters & new cabinets; tile surround baths; new flooring throughout; and all new systems. The unit mix consists of (2) 2 bed/ 1 bath units and (3) 1 bed/ 1 bath units, all of which are self-contained. The property presents a turn-key investment opportunity with a value-add play as there is room to increase the rents. Located in the Fairmount section of Philadelphia, the site is in a very desirable area with easy access to Center City, the Art Museum, I-676, and public transportation via the Broad St line and many bus routes. Over the past couple of years Fairmount has experienced a tremendous amount of development, with new apartments and new retailers coming to the bustling commercial corridors of N. Broad St., Spring Garden St., and Fairmount Ave.

Map:
Location
Gallery