1542 Fontain St, Philadelphia, PA 19121

Investor Alert! 24-hour notice required for all showings. New Construction Duplex | Tax Abatement Through 2035nExceptional 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.nThe 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.nDesigned 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.nA 10-year tax abatement through 2035 provides a significant ownership advantage, with an estimated remaining tax savings of approximately $80,000. 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.nLocated within the Temple University Patrol Zone and just two