1939 Fontain St, PHILADELPHIA, PA

About 1939 Fontain St

This spacious duplex featuring two 2-bedroom, 1-bathroom units is a prime investment opportunity in the heart of North Philadelphia. Whether you're a first-time homebuyer looking to live in one unit and rent out the other, or a seasoned investor adding to your portfolio, this property checks all the boxes. Both units are in good condition, with modern layouts and only a few updates needed to maximize rental income and equity growth. Previously rented for $1700/month with the potential of reaching $2100/month with updates, the property's proximity to Temple University also makes it ideal for student housing. Unit 1 offers two bedrooms, one full bathroom, open kitchen living space , access to a private backyard, and an unfinished basement for extra storage with laundry hook up. Unit 2 mirrors the same 2-bed, 1-bath layout with generous living space, kitchen, and great natural light throughout with laundry hook up. This is a low-maintenance, high-potential property that qualifies for FHA(203K)loans or 3% down conventional financing, plus potential grant options to help reduce out-of-pocket costs. Conveniently located near Broad Street and Temple University, with easy access to public transportation, this property offers urban living with strong rental demand. Don’t miss your chance to secure a cash-flowing asset in a growing area.

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