I'm looking at Frankford for some buy and hold investments. The numbers seem to work but I'm not familiar with the area.
Anything I should know about the area near the Arrott Transportation Center?
I invest in Frankford and have a property right at the arrot transportation center. As you know Philly goes block by block especially in frankford. There is "better" and works blocks in the area.
If you never dealt with problem tenants I would not recommend any block around ATC. Feel free to reach out to me and we can chat about it
Frankford is a declining area. My sister lives a few blocks from Arrott Transportation Center. She bought her house about 10 years ago and the neighborhood has gone way down since then. There's a lot of drug activity near the terminal both buying and selling. As Kensington get gentrified a lot of the heroin addicts are starting to move further north.