1713 Fontain Street

Description

Unlock the potential of this 5-bedroom, 3-bathroom home, ideally situated on a sought-after block, just minutes away from Temple Universities main campus. Previously when fully leased the property was generating $2,625/month and was rented out by room. Rent through the Housing Choice Voucher Program $2829. This property boasts updated finishes, elegant hardwood floors, and convenient backyard access. The unfinished basement offers additional versatility. All five bedrooms are very spacious and provide tons of natural light. Everything in this property is electric, there is no gas. This is a great opportunity for investors to obtain an extremely well maintained property that is ready to rented out right away and add it to their rental portfolio. This can also be a great opportunity for buyer's looking to live in the property and rent the rooms out to help off set the mortgage and reduce the their living expenses. Either way, this is a must see opportunity you can not pass up on and be a part of Temple Universities community! This home also comes with a 13-Month Home Warranty offered through Home Warranty of America, With a Walk Score of 95, running daily errands without a car is very convenient. The area boasts a Transit Score of 77, indicating that public transportation is readily accessible for most trips. Biking is also a great option here, with a Bike Score of 86 reflecting excellent biking infrastructure.You'll find a variety of dining options nearby, including Stina Pizzeria, Brunics, 17 Snyder, and Miss Rachel's Pantry, among others. For education, the area is served by True Gospel Tabernacle Learning Center, Stephen Girard School, South Philadelphia High School, Trinity Academy, and more.Grocery shopping is easy with nearby stores such as Rowhouse Grocery, Al Sultan International Gourmet Market, Lang's Fruit & Produce, and Borobudur Mini Market, to name a few.It takes just 8 minutes to travel from the BSL NRG Station to Fern Rock TC, with the Snyder Station - BSL stop in between. Nearby parks include Girard Park, Smith Playground, and Passyunk Square.This property qualifies for a 10K Grant through the Majority-Minority Census Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information.Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance.Perfect for investors or those looking for a property with strong rental income potential. Dont miss out on this exceptional opportunity!