Recent Finding in Philadelphia PA

[Annika Engelbrecht]

Hi! I am Annika, I am new to the investing world of real estate! I recently was practicing running numbers on various properties in Philadelphia and came across 328 N 41st Street... its listed at $250,000 and although its not in great conditions, its in a fantastic neighborhood (around university city where homes could go for well over 1 mil). Its 3 beds, but is 1,776 square ft which could make a lot in terms of renting when I compared nearby listings. That is of course, only, after it is fixed up. I am not looking to invest in this as I am only 18 and do not have the reserves quite yet, but I was looking for thoughts as I do plan on investing in the Philadelphia area in the future. All that being said... any thoughts on the property? Here's the listing: https://www.realtor.com/reales... 

[Annika Engelbrecht]

Thanks so much!