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1542 Fontain Street
Philadelphia, PA 19121
Asking Price
$725K
Cap Rate
8.94%
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
Multifamily - Fully Leased Duplex - New Construction - 8 Bed 8 Bath <p></p><ul><li><strong style="color: rgba(0, 0, 0, 1)">New Construction (2024)</strong><span style="color: rgba(0, 0, 0, 1)"> – Institutional-quality duplex requiring minimal near-term capital expenditures.</span></li><li><strong style="color: rgba(0, 0, 0, 1)">100% Occupied</strong><span style="color: rgba(0, 0, 0, 1)"> – Fully leased through </span><strong style="color: rgba(0, 0, 0, 1)">July 2027</strong><span style="color: rgba(0, 0, 0, 1)"> with immediate, in-place cash flow.</span></li><
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NOI
$80,000
Cap Rate
11.03%
DSCR
1.86
Strong
Cash-on-Cash
16.99%
Monthly Payment
$3,586.904
Annual Cash Flow
$36,957.147
