2301 Fairmount Avenue

Philadelphia, PA
$ 2,199,999 Beds 19 Baths 0
Monthly Estimate* How much can I afford?

Double wide landmark building with prime corner exposure at 23rd and Fairmount. Formerly a beloved bar and restaurant, the building has a liquor license and three residential apartments above, with a rental income of approx. 4500/mo. A redevelopment scenario could feature up to 18 residential apartments over commercial space by-right. The zoning allows the square footage to be doubled, from 8000 to over 16,000 SF if desired. A conceptual floorplan is available. Multiple commercial uses are also permitted by right. Recreate a neighborhood favorite, on a booming block in a highly desirable area just north of Center City Philadelphia. Walkable to Fairmount Park and everything the bustling Fairmount Avenue corridor has to offer: bars, restaurants, shops, boutiques, cafes, tourist attractions + more. Liquor license separate, not included in sales price. MAKE YOUR MOVE!

Multi-Family

  • Price
  • $ 2,199,999
  • Lot Size
  • 3,485 SqFt
  • Bedrooms
  • 19
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 11982
  • County
  • PHILADELPHIA
  • Style
  • Traditional
  • Area
  • 19130
  • MLS#
  • PAPH914454
  • Zip
  • 19130
Listing Provided by: Compass Pennsylvania, LLC

Features

General

Accessibility None
Architectural Style Traditional
Construction Materials Masonry
Cool Fuel Natural Gas
Cooling Ductless/Mini-Split
County PHILADELPHIA
Garage Y/N No
Heating Central
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19130 (19130)
New Construction No
One Bedroom Units Count 13
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 275.0
Property SubType Other
Property Type Multi-Family
Real Estate Owned Y/N No
Sewer Public Septic, Public Sewer
Single Room Units Count 2
Structure Type End of Row/Townhouse
Subdivision Name FAIRMOUNT
Tax Annual Amount 11982.0
Tax Lot 39
Tax Year 2020
Total Units 4
Two Bedroom 3
Vacation Rental Y/N No
View City
Water Access Y/N No
Zoning CMX2.

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 8000

Exterior Features

Lot Dimensions 16.25 x 86.24
Lot Features Corner
Lot Size Acres 0.08
Lot Size Source Estimated
Lot Size Square Feet 3338.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Hillsborough, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/13/2020 Listed $2,600,000
9/12/2020 6% - $2,450,000
10/6/2020 5% - $2,330,000
11/10/2020 6% - $2,199,999

Property vs Zip Code Average in 19130

Price
AVG $980K
$2.2M
Taxes
AVG $5,250
$11,982
Visits
AVG 64
343
Year Built
AVG 1942
1900

Map

2301 Fairmount Avenue Philadelphia, PA is a Single Family Home for sale at $2199999 and a lot size of 3,485 SqFt Acre(s). 2301 Fairmount Avenue Philadelphia has 19 bedrooms, 0 baths and was built in 1900. The property's zip code is 19130 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.