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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.
| DAYS ON MARKET | 3 | LAST UPDATED | 8/8/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | 19130 (19130) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19130 (19130) |
| HEAT | Central |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 23.00 x 82.00 |
| PARKING | None |
| SEWER | Private Sewer, Public Sewer |
| TAXES | 9637 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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