2928 W OXFORD ST $529,000



    • 5 Beds
    • 3 Baths
    • 2,444 sq. ft.
    • Row/Townhouse
    • MLS# PAPH2208012
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    Views: 6 Days On Site: 28

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    Property Details

    This legally zoned 3-unit corner property is fully renovated to commercial code standards and would make great multi-generational housing. Both the New York Times and the Philadelphia Magazine just published articles about the demand for multi-generational housing. So if you're looking for something large to live in with friends, family, roommates, lots of people who need work from home space, or studio space, don't be afraid to try this on for size. With demand for multi-generational housing on the rise, the opportunity to earn appreciation is even more possible than even now, which is 4% per year and in Philadelphia, is historically 6% per year. There are brand new hardwired alarm systems and brand new sprinkler systems. All this and perfectly located in Brewerytown, one of Philadelphia's fastest growing neighborhoods, chock full of restaurants, shopping and interesting theaters, all within close proximity to Temple University, Fairmount Park, I-76, and various other throughways. This location is a Qualified Opportunity Zone, aka QOZ, which means you may be eligible for capital gain tax incentives. This turn-key opportunity is completely renovated from top to bottom with new appliances, HVAC and a semi-finished basement. Each unit has its own designated locked closet with washer/dryer hookups and separate utilities. There is a covered porch where you and generations of family members can sit and socialize and enjoy the passersby. The first floor unit has 2 bedrooms, 1 bathroom and its own private backyard. The second floor has 1 large bedroom, 1 bathroom and a large living room. The 3rd floor unit has two bedrooms and 1 bathroom. This is also a great opportunity for the first time home buyer, investor or for a 1031 exchange. Have someone else pay your mortgage. Live in one unit and rent the other two or receive rental income from all 3 units. With rents perpetually increasing, you won't want to miss this opportunity to be on the receiving end of growing opportunities. And don't forget to ask about Fulton Banks Exception Loan. They can do a 2-4 multi unit owner occupied property with a 90% loan to value or an investment property with an 80% loan to value. They can also do a 15 yr ARM with 6.5% interest compared to Fannie Mae 30 yr rate of 7.625.

    • General Features
      • Condo Coop Association Y/N N
      • County PHILADELPHIA
      • Hoa Y/N N
      • Municipality PHILADELPHIA
      • New Construction Y/N N
      • Pool No Pool
      • Sale Type Standard
      • Senior Community Y/N N
      • Tax Annual Amount $2,085
      • Tax Year 2023
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1915
      • Zoning RSA5
    • Building Features
      • Basement Type Partially Finished
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Fireplaces Count 0
      • Foundation Details Concrete Perimeter
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Central, Forced Air, Hot Water
      • Interior Features Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Sprinkler System, Wood Floors
      • Sewer Septic Public Sewer
      • Style Contemporary, Traditional
      • Total Living Area 2444
    • Room Features
      • Bedrooms Count Main Level 5
      • Bedrooms 5
      • Bathrooms 3
      • Bathrooms Count Main Level 3.00
      • Full Bathrooms 3
      • Bathrooms Full Main Level 3
    • Property Features
      • Lot Size Acres 0.03
      • Lot Size Dimensions 16.00 x 82.00
    • Schools



    19121 (PHILADELPHIA) Demographics

    27 Median Age
    13,508 Population Density (per sq. mile)
    22% College Educated
    $25,162 Estimated Median Income
    4,095 Estimated Total Home Owners
    8,067 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    31,664 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $193,750 Median Sales Price
    26 Homes Sold
    92 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $529,000
        3/26/2023 12:11:33 PM Price Reduced Source: Multiple Listing Service New Value: $529,000 -3.8%
        2/28/2023 1:07:00 PM New in Database Source: Multiple Listing Service New Value: $549,900

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2023 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.