BEDS0
BATHS
SQUARE FEET1,600
MLS#PAPH2609502
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOXFORD CIRCLE
SCHOOLPHILADELPHIA CITY
Property Description
A rare opportunity has arrived in Oxford Circle. Ideal for investors and a great opportunity for first-time home buyers looking to offset their mortgage with rental income. This well-maintained multi-family property offers a 1-bedroom, 1-bathroom first-floor apartment and a 2-bedroom, 1-bathroom second-floor apartment, each with its own full kitchen. Based on current market conditions, the property offers projected gross annual rental income of approximately $31,000–$36,000, subject to buyer verification. Offering approximately 1,600 square feet of living space on a 2,285 square foot lot, the property has been thoughtfully maintained and improved over the years. The property also includes a basement currently used for laundry and storage, along with a separate rear entrance that adds flexibility and potential for future use, subject to buyer diligence. The garage accommodates one-car parking, and the driveway provides an additional parking space. Recent upgrades and improvements include a remodeled second-floor bathroom, an updated first-floor kitchen with new appliances and granite countertops, upgraded electrical service with new breaker boxes, Renewal by Andersen windows, and a roof replacement completed in 2018. Additional features include an extended front patio, commercial-grade carpeting in the second-floor unit, and modern appliances upstairs. Please note: the property does not have central air. Located on a block with several investor-owned and professionally managed properties, the home benefits from the area’s consistent rental demand. It is also conveniently situated near multiple SEPTA bus routes, with easy access to the Frankford Transportation Center and Center City Philadelphia. Nearby neighborhood amenities include a bodega with fresh groceries and produce as well as a nearby halal market.
Property Features
Property Type: Multi Unit - Multiple
Basement: Connecting Stairway
Basement: Yes
Cooling: Wall Unit
Fuel Type: Natural Gas
Garage: 1
Heating: 90% Forced Air
Home Style: Bi-level
Lot Size: 0.02 Acres
Taxes: $3,978
Year Built: 1951
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Number of Rooms: 5
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 3
Total Garage/Parking Spaces: 1
Two Bedroom Units: 1
Units: 2
Water: Public
Local Schools
High School: SAMUEL S. FELS
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,187.11 per month $756.47 Principal & Interest $331.50 Property Tax $99.14 Homeowner's InsuranceChange Payment Information
6228 Algon Avenue | MLS# PAPH2609502
This multi-family property located at 6228 Algon Avenue , Philadelphia, PA 19111 is currently listed for sale with an asking price of $339,900. Algon Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.