2814 W Oxford St, Philadelphia, PA 19121

Property Description

Turnkey Brewerytown triplex with strong in place income and a clear path to full stabilization at closing. 2,769 square feet across three well appointed units: a 1BD/1BA, a 2BD/1BA, and a larger 2BD/1BA owner occupied unit delivered vacant at settlement. Every kitchen has been renovated with grey shaker cabinetry, butcher block countertops, subway tile backsplash, and stainless appliances. Dark hardwood floors and fresh neutral paint run consistently throughout all three units, giving the building a cohesive, move in ready finish that attracts and retains quality tenants. The owner's unit stands apart. A sun drenched open living room with arched bay window and exposed beam ceilings flows into a kitchen that opens to a stunning bay window dining nook with original millwork and corbel details. The bathroom features a full large-format marble tile surround and slate floor, a clear step above the tenant units. Two generously sized bedrooms and a separate private entrance off the side balcony round out a layout that works equally well as a primary residence or premium rental. The finished basement adds real utility with three dedicated stacked washer/dryer sets, one per unit, eliminating a common tenant friction point and supporting long-term retention. Central air throughout. A classic covered front porch anchors the curb appeal on a strong block. Two tenants in place generating $2,700/mo from day one. Stabilized gross income at full occupancy estimated at $4,200/mo. At asking price, this asset underwrites to approximately a 7.5% cap rate, a compelling entry point in one of Philadelphia's most active rental corridors.