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Updated over 1 year ago, 04/16/2023

User Stats

43
Posts
20
Votes
Randy Lee
  • Rental Property Investor
  • Atlanta, GA
20
Votes |
43
Posts

Up-and-coming areas for Multi-family investment in Philadelphia

Randy Lee
  • Rental Property Investor
  • Atlanta, GA
Posted

Hi All, I am an investor in the Atlanta market, but my wife and i are interested in purchasing a multi-family in Philadelphia where a family member can live in one unit, while we rent out the others. We prefer a triplex, but a duplex could work. We want something that could cash flow while at the same time build long-term equity. Our budget is not more than 400k. Our preference is in/or near University City but the prices are pretty high and there seems to be very low inventory for multi-families. Are there any other up-and-coming areas and/or investor-friendly realtors you could recommend?

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