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Investor Alert! 24-hour notice required for all showings. New Construction Duplex | Tax Abatement In Place Exceptional opportunity to acquire a fully stabilized, institutional-quality student housing asset just steps from Temple University. Built in 2024, 1542 Fontain Street is a luxury duplex featuring a 3-bed/3-bath unit and a 5-bed/5-bath unit, totaling 8 bedrooms and 8 bathrooms across more than 4,000 square feet. The property is 100% occupied and leased through July 2027, generating $75,600 in annual gross rental income. With modern construction, efficient layouts, and strong in-place cash flow, the asset offers investors immediate yield with minimal operational burden. Designed specifically for the student housing market, both units feature highly desirable 1:1 bedroom-to-bathroom ratios, luxury finishes, central HVAC, in-unit laundry, oversized common areas, and private outdoor space. The lower unit includes a private rear patio, while the upper unit features an exclusive roof deck with skyline views-amenities that consistently drive strong leasing performance and tenant retention. A 10-year tax abatement provides a significant ownership advantage. As recent new construction, the property offers minimal near-term capital expenditure requirements and low maintenance costs, enhancing long-term cash flow and investment stability. Located within the Temple University Patrol Zone and just two blocks from main campus, 1542 Fontain benefits from one of Philadelphia's most established off-campus housing markets, characterized by consistent tenant demand, strong occupancy, and proven rent growth. With long-term leases already in place, luxury amenities, and substantial tax advantages, this is a rare opportunity to acquire a turnkey, cash-flowing asset in one of the city's strongest student housing corridors. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2632718, PAPH2632744, PAPH2635058 and PAPH2635078

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Listed by Michael Coleman of Keller Williams Realty Devon-Wayne

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which LaShonda Russell participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 29, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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