6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
6228 ALGON AVE, Philadelphia, PA 19111
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Listed by Narkis Izraelov • Compass Pennsylvania, LLC
$339,900
Est. payment /mo
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3 Beds
2 Baths
1,600 SqFt
New

6228 ALGON AVE Philadelphia, PA 19111

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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $212

Subdivision Oxford Circle

MLS Listing ID PAPH2597672

Style Bi-level

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,600

Year Built 1951

Annual Tax Amount $3,978

Tax Year 2025

Lot Size 1,082 Sqft

Acres 0.02

Lot Dimensions 20.00 x 114.00

Property Sub-Type Interior Row/Townhouse

Source 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

Direction East

Rooms

Other Rooms Bedroom 2, Bedroom 1, Bathroom 1

Basement Connecting Stairway, Garage Access

Main Level Bedrooms 1

Interior

Hot Water Natural Gas

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Parking Features Garage - Rear Entry

Garage Spaces 1.0

Water Access N

Accessibility 2+ Access Exits

Attached Garage 1

Total Parking Spaces 1

Garage Y

Building

Story 3

Foundation Concrete Perimeter

Above Ground Finished SqFt 1600

Sewer Public Sewer

Water Public

Architectural Style Bi-level

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Laura H Carnell School

High Schools Samuel S. Fels

School District Philadelphia City

Others

Pets Allowed Y

Senior Community No

Tax ID 531207300

Ownership Fee Simple

SqFt Source 1600

Horse Property N

Special Listing Condition Standard

Pets Allowed No Pet Restrictions


Bright MLS (BMLS)

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Jeremiah Abu-Bakr

Jeremiah Abu-Bakr

Agent

+1(202) 957-8332

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6228 ALGON AVE