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Updated about 4 years ago on . Most recent reply

User Stats

24
Posts
47
Votes
Greg Ranjitsingh
  • Rental Property Investor
  • Philadelphia, PA
47
Votes |
24
Posts

Northern Liberties/Fishtown Condo’s

Greg Ranjitsingh
  • Rental Property Investor
  • Philadelphia, PA
Posted

Hey Everyone,

Newbie here,

Just wondering if anyone has any experience with condo’s in the Northern Liberties/Fishtown area and how they’re doing. Looking to invest here and any insight on what has worked and what hasn’t, would be greatly appreciated!

Most Popular Reply

User Stats

294
Posts
245
Votes
Dan Powers
  • Real Estate Agent
  • Philadelphia, PA
245
Votes |
294
Posts
Dan Powers
  • Real Estate Agent
  • Philadelphia, PA
Replied

Hey, @Greg Ranjitsingh welcome to the community. Northern Liberties and Fishtown are some of the best markets to get into in Philly. I will say though you're limiting yourself by only looking at condos. I would expand your search to include SFH or just the classic row.

Now if your looking for condos I can assume you're looking for a buy-and-hold play. While you will be paying a significant premium for the area, the appreciation alone will cover your holding costs, or if you don't feel like waiting, flip the house and make a killer return. Especially in this market. 

If you have any more questions certainly reach out!

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