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Updated 3 months ago, 09/26/2024

User Stats

19
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8
Votes

Property purchase near philadelphia (Main line or farther away)

Shay Sherbotseli
Posted

Hello,

I am currently exploring the possibility of investing in a 3-bedroom townhouse or similar property in Pennsylvania, specifically in Montgomery County, Perkiomen, Collegeville, Norristown, Pottstown, or even Haverford.

My intention is to purchase the property for rental purposes. I am curious to know if the proximity to Pennsylvania itself is a crucial factor in renting out the property, or if it would be equally viable to invest in an area further away from the city (with a 1-hour commute time, as opposed to a 30-minute train ride from Haverford).

I would greatly appreciate if anyone could provide information on the actual rental prices for an average 3-bedroom house in these areas. I am seeking reliable data and cannot solely rely on platforms like Zillow for this information.

Thank you for any assistance you can provide.

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