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Updated almost 8 years ago on . Most recent reply
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Best neighborhoods to buy-and-hold in Philadelphia
Hey BP Nation I'm looking to invest in the Philly area and I would like opinions on the best neighborhoods to invest in. Looking for single to 3-fam units in the 75-125K range, C+ to B- (low income ok but NO WARZONE). Preferably in or close to up-and-coming areas. Willing to BRRRR if necessary. Any thoughts from people who live and/or invest in Philly?
Most Popular Reply
Anthony Boreland you can buy SFH and MFH, most need some work if not moderate rehab in west passyunk triangle area. I just bought there and am doing rehab now. It's a diverse neighborhood, more restaurants are opening up and hipsters are already moved in lol. It's the area between Snyder Ave to Oregon Ave between 18-24th street (give or take). When you look on google maps you'll see a literal "triangle" of the main streets. That's the sweet spot. Some streets are tree lined and the closer to Oregon Ave you go that area is girard estates. Your value will be in purchasing a property on or near Snyder Ave. PM me if you have questions