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Mayfair Duplex: Turnkey Investment Property

6014 OAKLAND Street Philadelphia, PA 19149

6014 OAKLAND Street, Philadelphia, PA, 19149
$315,000
For Sale
Claim this Listing
$315,000

MULTI_FAMILY - Other - PHILADELPHIA, PA

Property Size1,520 SF
Lot Size0.05 Acres
Price / SF$207.24
AddedJan 16
Days on Market179
Last RefreshJul 14 at 12:06 pm

Property Features for 6014 OAKLAND Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Standard status
Active
Size
1,520 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
4157

Utilities

Heating system
Forced Air

Building Details

Year built
1947
Number of units
2
Building materials
Masonry
Architectural style
Other

Listing agent Darwin Laureano License #RS356195

Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA

Listing date Jan 16, 2026

MLS# PAPH2570214 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in Mayfair, Philadelphia, this fully leased duplex at 6014 Oakland Street is a cash-flowing property. The property features two well-maintained 1-bedroom, 1-bathroom units, both currently occupied. The first-floor unit generates $1,300 per month through November 2026, while the second-floor unit brings in $1,000 per month through September 2026. The finished basement has a private entrance, half bath, laundry, and storage, with potential for a third unit. The owners have city approval to zone the basement. The property includes a fenced backyard and street parking. Situated in Northeast Philly, the location provides access to Roosevelt Boulevard, I-95, SEPTA, Roosevelt Mall, and Einstein Medical Center. The property size is 1520 square feet, situated on a 0.0539-acre lot.

Key Highlights

  • Fully leased duplex generating $2,300/month from day one.
  • Leases secured through 2026 providing immediate, reliable income.
  • Finished basement with private entrance, half bath, laundry, and storage, offering potential for a third unit.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $31.9k $21.00
− Vacancy −$999 −$0.66
EGI $30.9k $20.34
− OpEx −$9.3k −$6.10
NOI $21.6k $14.24
1,520 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%

Alternative Uses

Best Use
Apartment 5plus
$2.91M
$2.55M – $3.40M (±1% cap)
NOI $203,720 @ 7.0% cap · market cap 64.67%
Second Best
Multifamily LT 5
$309.2K
$270.6K – $360.8K (±1% cap)
NOI $21,645 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store Hotel & Motel Travel Agency Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully leased duplex in Northeast Philly, generating immediate, reliable income.
Where is this duplex located?
The property is located at 6014 OAKLAND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Fully leased duplex generating $2,300/month from day one.; Leases secured through 2026 providing immediate, reliable income.; Finished basement with private entrance, half bath, laundry, and storage, offering potential for a third unit.
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More about this property
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