Favorite Neighborhoods in Philadelphia

[Alex Uman]

This city is constantly changing. As some areas begin to appreciate too highly, buy in costs cut down on investors' margins. Neighborhoods all over the city are starting to appreciate and have become favorites for seasoned and new real estate investors alike. What are some of your favorite appreciating areas around the city?

From personal experience, our firm has done well selling to investors in areas such as Cobb's Creek, South Philly (Gray's Ferry/Passyunk Crossing), Strawberry Mansion, Brewerytown, Kensington and Port Richmond.

Have you found success in these neighborhoods? Where are you investing now? Which areas of the city do you think will be the next favorite of real estate investors in the city?

[Nancy L.]

Good question! I was just taking with someone about this earlier today. Of what we’ve bought in the last 5 years or so, most are in Germantown & Mt Airy, one is in Strawberry Mansion. All are working out well! I’d also check out West Oak Lane and Wayne Junction areas if in the market now.