Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1951
Sq.Footage
1,600
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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1600.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Parking
Garage, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Bi-level
Price
-
Sales Price
$339,900
-
Tax Amount
$3,978
-
Zoning
RSA5-Multi-Fam/Det- Duplex-2 stories-2 units
-
Sq. Footage
1, 600
-
Price/SqFt
$212
HOA
-
Association
No
School District
-
Elementary School
LAURA H CARNELL SCHOOL
-
Middle School
N/A
-
High School
SAMUEL S. FELS
Property Features
-
Stories
3
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
1082
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
LAURA H CARNELL SCHOOL
Middle School
High School
SAMUEL S. FELS
Listing Courtesy of Narkis Izraelov , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
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