$ 415,000
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$415,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing KELWLMPH - 3224391
Discover an incredible multi-unit opportunity in the heart of Northeast Philadelphia, perfect for both investors and owner-occupants. This well-maintained corner property offers exceptional versatility, strong income potential, and the kind of location that keeps demand high year-round. The first floor is currently rented as office space, at well below market value, creating immediate room for increased income. This level features multiple rooms, central air, and a flexible layout that gives the new owner the option to convert it into a spacious three-bedroom residential unit. Whether you choose to keep it as commercial space or transform it into a rental apartment, the upside is undeniable. The upper unit is a bright and expansive three-bedroom, two-bathroom residence. Clean, inviting, and well cared for, it offers generous living space and plenty of natural light. This unit is ideal for an owner to occupy or for use as a highly desirable rental unit. Additional property features include access to a private laundry area, a backyard that provides private parking, and a layout that appeals to a wide range of tenants and buyers. Its convenient Northeast Philadelphia location places you near supermarkets, shopping centers, parks, restaurants, schools, major highways, and public transportation. It has everything needed for comfortable daily living and excellent rental appeal. Whether you're expanding your investment portfolio or looking for a home where rental income can cover a significant portion of your mortgage, this property delivers exceptional value. Opportunities like this are rare in such a sought-after area. Schedule your appointment today. This is one you won’t want to miss!
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
PAPH2567442
Year Built
1960
Total Square Footage
0
Lot/Acreage
0.08
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 28.00 x 119.00
- Zoning: RSA3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,086
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
7631 Algon Ave Philadelphia, PA 19111
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