Philadelphia, PA 19111,7631 ALGON AVE
Philadelphia, PA 19111,7631 ALGON AVE
Philadelphia, PA 19111,7631 ALGON AVE
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Listed by Eric Lerman • Keller Williams Real Estate Tri-County
$415,000
Est. payment /mo
2,310 SqFt
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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,310 sqft

Price per Sqft $179

Subdivision Rhawnhurst

MLS Listing ID PAPH2565680

Style Straight Thru,Unit/Flat

Abv Grd Liv Area 2,310

Year Built 1960

Available Date 2025-12-09

Annual Tax Amount $5,086

Tax Year 2025

Lot Size 3,317 Sqft

Acres 0.08

Lot Dimensions 28.00 x 119.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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!

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning RSA3

Interior

Hot Water Natural Gas

Cooling Window Unit(s), Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block, Brick/Mortar

Above Ground Finished SqFt 2310

Sewer Public Sewer

Water Public

Architectural Style Straight Thru, Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871000215

Ownership Fee Simple

SqFt Source 2310

Special Listing Condition Standard


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Bright MLS (BMLS)
Don Perrin

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655

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7631 ALGON AVE