$200,000
$225,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
1,598 SqFt
SOLD DATE : 08/07/2024
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,598 sqft
Price per Sqft $125
Subdivision Oxford Circle
MLS Listing ID PAPH2356776
Sold Date 08/07/24
Style Converted Dwelling
Abv Grd Liv Area 1,598
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $2,708
Tax Year 2022
Lot Size 1,633 Sqft
Acres 0.04
Property Description
Take a look at this well maintained fully occupied corner duplex located in the Oxford Circle neighborhood of Philadelphia. This a legal duplex that has two active rental license and each unit is occupied with long term tenants. The first floor is made up of 1 bedroom, 1 bath, a living area, a nice size kitchen and access to basement. They are currently paying $850/month on a yearly lease ending at the end of January of next year. The second-floor has 2 bedrooms, 1 bath, a living area and a full kitchen. 2nd floor tenant is currently pays $800/month on a yearly lease ending at the end of January of next year. Each unit has their own separate utilities and entrances providing privacy for each tenant. Each tenant pays for all of their own utilities. This duplex also comes with a garage that is currently used as a storage & rear parking space for the owner. The property is being sold "As-Is." The tenants would like to stay. This can be a great opportunity for an investor looking to add a cash flowing asset to their rental portfolio or for someone who is looking to live in one unit and rent out the other to help reduce living expenses.
This property qualifies for the CRA program for a conventional loan with 3% down payment and no mortgage insurance.
This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for closing costs, buy the rate down, etc. 100% Forgivable to all buyers-not just first time home buyers, reach out for more information!
With a transit score of 85, the area offers excellent transit options, making it convenient for most trips.
Nearby dining options include Dell's Tavern, Jackie's King of Seafood, Oxford Restaurant Breakfast and Lunch, among many others.
Local schools include Little Charlie's Day Care, Cintioli Music Center, William H. Ziegler School, and more.
For groceries, you'll find F&C Food Market, Oxford Circle Produce Center, and several other options.
It is a 10-minute trip to the MFL Frankford Transportation Center to 69th St TC at the Frankford TC - MFL stop.
Nearby parks include Frankford Stadium, Wissinoming Park, Northwood Park, and Tarken Playground.
Schedule your visit today!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA5
Rooms
Basement Improved, Poured Concrete, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
View Street
Accessibility None
Parking Type Driveway
Total Parking Spaces 2
Garage N
Building
Lot Description Corner, Front Yard
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 621049600
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Linda M Sandoval Martinez-Herrera • Realty Mark Cityscape