4,572 SqFt
4,572 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,572 sqft
Price per Sqft $261
MLS Listing ID PAPH2678124
Style Contemporary
Abv Grd Liv Area 4,572
Year Built 2019
Annual Tax Amount $2,592
Tax Year 2026
Lot Size 1,779 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
FOUR APARTMENTS WITH 16 BEDROOMS, 14 FULL BATHROOMS, AND ONE HALF BATHROOM! The building features one FIVE-BEDROOM apartment with FIVE FULL BATHROOMS AND ONE HALF BATHROOM, one THREE-BEDROOM, THREE-BATHROOM apartment, and TWO FOUR-BEDROOM, THREE-BATHROOM apartments. This desirable unit mix offers substantial bedroom capacity and ample bathrooms across all four residences.
FULLY LEASED! All four apartments are currently occupied, providing established rental income for the next owner. The residences feature modern, spacious interiors with generous living areas and a contemporary feel throughout. The combination of modern construction, larger apartment layouts, and convenient amenities enhances the building's appeal to residents.
EVERY APARTMENT FEATURES ITS OWN IN-UNIT WASHER AND DRYER, individual water heater, and dedicated HVAC system providing CENTRAL HEAT AND CENTRAL AIR CONDITIONING. These appliances and systems operate on electricity. Individual heating and cooling systems allow residents to control their own apartment's temperature, while private laundry adds everyday convenience.
FULLY KEYLESS BUILDING! Both the main building entrance and every individual apartment feature coded keypad access, providing convenient entry without physical keys. SECURITY CAMERAS THROUGHOUT THE HALLWAYS AND ON THE EXTERIOR provide additional monitoring of the building's common areas and surroundings.
With all four apartments leased, three years remaining on the tax abatement, and a combination of modern residences and individual apartment systems, 1605 W. Oxford St. offers an attractive opportunity for experienced investors and buyers expanding their multifamily holdings. Its current annual rental income of $124,860 and advertised 9.01% cap rate make this a property worth considering for a Philadelphia investment portfolio.
AT LEAST 24 HOURS' ADVANCE NOTICE IS REQUIRED FOR ALL SHOWINGS. Please coordinate appointments in advance to accommodate the occupied residences.
All information, including unit configuration, bedroom and bathroom counts, occupancy, lease terms, rental income, expenses, cap rate, construction details, tax abatement status and remaining term, utilities, and building features, must be independently verified by the buyer and buyer's representatives.
One listing agent is related to the owner.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 4572
Sewer Public Septic
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 471135110
Ownership Fee Simple
SqFt Source 4572
Special Listing Condition Standard
Nearby Locations
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