Updated over 7 years ago on . Most recent reply
I have a SFR in an upcoming part of Philadelphia PA
The area is up and coming. The location being right in the center of the West Kengsington section of the city. For the Investors this property is right up your alley, it's already been gutted you would have 1,152 square feet to play with and create the way you want it to be. It was a 3 bedroom 1 1/2 bathroom however it's been gutted and has enough room to expand. You would have 7 foot ceiling in the basement which runs the length of the house, which is also attached to a 3 car garage, also has a front yard. The whole area is up and coming new construction is popping up left and right as well as plenty of businesses in the area. This property is close to all transportation and shopping is nearby in all directions. street parking is also available out front as well. It is currently vacant and has all new electrical wiring done. New 200 AMP service has already been installed it is all just down to the studs ready for the right Investor. Current monthly rental rates in the area are going for $1000 ARV for similar square footage rehabbed homes in the area are anywhere from $250k to $325k
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