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Updated about 4 years ago,

User Stats

4
Posts
1
Votes
Tarpan Patel
  • Rental Property Investor
  • Newark, DE
1
Votes |
4
Posts

Investing in North Brewerytown neighborhood of Philly

Tarpan Patel
  • Rental Property Investor
  • Newark, DE
Posted

Hi all! We are looking to buy our first triplex in North Brewerytown- a neighborhood of Philly. Specifically, the building is by the corner of Ridge Ave and W Glenwood so pretty much as north as you can go for Brewerytown. We are confident that the hustle and bustle of Brewerytown will creep up towards us eventually, and in a couple of years, this property will be worth tons. The price of the building is a good deal but the units are all small (500-600 sq ft) and the area hasn’t quite appreciated yet so we are concerned with finding tenants. Any local professionals who can advise on the market in this area and/or the rental market? Thanks!

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