6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
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$ 339,900
Est. payment | /mo

1,600 SqFt


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$ 339,900
Est. payment | /mo
Save

1,600 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $212

Lot Size 871 Sqft

MLS Listing ID PAPH2609502

Style Bi-level

Subdivision Oxford Circle

Total Units 2

Short Sale No

Originating MLS BRIGHT

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.

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning RSA5

Rooms

Basement Connecting Stairway

Interior

Hot Water Natural Gas

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Garage - Rear Entry

Garage Spaces 1

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Attached Garage

Attached Garage 1

Total Parking Spaces 1

Building

New Construction N

Foundation Concrete Perimeter

Lot Dimensions 20.00 x 114.00

Sewer Public Sewer

Water Public

Architectural Style Bi-level

Additional Building Above Grade, Below Grade

Schools

High Schools Samuel S. Fels

School District Philadelphia City

Others

Tax Amount $3,978

Tax Year 2025

Tax ID 531207300

Ownership Fee Simple

SqFt Source 1600

Special Sale Standard

Bright MLS (BMLS)
Listed by Narkis Izraelov • Compass Pennsylvania, LLC

Nearby Locations

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