2914 Oxford StPhiladelphia, PA 19121

Property Details for 2914 Oxford St

Year built

1915

Property size (Sq ft)

3,439 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 5-unit apartment building, located at 2914 W Oxford St in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Built in 1915, this three-story structure boasts a total of 3,439 square feet situated on a 1,630 square foot lot. The property features a mix of unit sizes: two one-bedroom units, two two-bedroom units, and one studio apartment, each offering modern amenities such as in-unit washer/dryer and ample natural light. The building benefits from a full 10-year tax abatement, contributing to a strong 6.74% cap rate. The asking price is $949,999, translating to $189,999.80 per unit and $276.24 per square foot. Its prime location in Brewerytown offers convenient access to Fairmount Park's extensive recreational facilities, including hiking trails, sports courts, and the Schuylkill River Trail. The building's corner location provides excellent curb appeal. Financial details and floor plans are available upon request. The property is zoned RSA5. This turnkey property is ideal for investors seeking a stable, high-return investment in a desirable Philadelphia neighborhood.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9803

Longitude

-75.1829

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