1538 FONTAIN ST Philadelphia, PA 19121

Investment alert! This newer construction multifamily is in a prime TU location and has guaranteed rental income with student leases already in place through July 2018! Both units feature central air/heat, a modern kitchen , hardwood floors throughout the common areas, cozy carpeted bedrooms, and large living rooms. The first floor unit offers three bedrooms, two full baths, as well as access to the fenced-in backyard. This unit also includes the finished basement which houses the apartment's laundry room and additional living area. The second and third floor unit feature four bedrooms, a two full bath, and a stacked washer/dryer. The total monthly rental income is 4,050.00 and current leases are in place until the end of the next school year (July 2018). Remainder of ten year tax abatement and strong rental history make this a great long term investment! Photos of similar property.