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Debbie Weymouth

debbie@theweymouthgroup.com +1(443) 827-0700

Listed by Frank DeFazio • BHHS Fox & Roach-Center City Walnut

$ 725,000

Est. payment | -/mo

2,808 SqFt

Save

$ 725,000

Est. payment | -/mo

Save

2,808 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $258

Subdivision Art Museum Area

MLS Listing ID PAPH2611022

Style Other

Abv Grd Liv Area 2,808

Year Built 1915

Annual Tax Amount $9,381

Tax Year 2026

Lot Size 1,233 Sqft

Acres 0.03

Lot Dimensions 18.00 x 69.00

Property Sub-Type Detached

Source BRIGHT

Property Description

7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia's most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX1

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2808

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 152261700

Ownership Fee Simple

SqFt Source 2808

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

+1(443) 827-0700

debbie@theweymouthgroup.com

8825 Stanford Blvd #300, Columbia, MD, 21045

2427 BROWN ST Philadelphia, PA 19130