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… Read More 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. Read Less
Courtesy of Narkis Izraelov, Compass Pennsylvania, LLC 267-435-8015
Listing Snapshot
Days Online
6
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
2
Square Ft.
1,600
Lot Size
0.02 Acres
Year Built
1951
MLS Number
PAPH2597672
Additional Details
Basement
Connecting Stairway, Garage Access
Building
Built in 1951, Living area: 1600, Building faces East, 3 stories, Levels: 3, Construction Materials: Masonry
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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