1944 E Somerset St, Philadelphia, PA 19134

### Investor Special: 1944 E Somerset St, Philadelphia, PA Price: $79, 900 Type: Cash or Commercial Lending Only Welcome to an exceptional investment opportunity in one of Philadelphia's most rapidly transforming neighborhoods! 1944 E Somerset St is primed for the savvy investor looking to capitalize on the burgeoning real estate market in this vibrant area. Property Overview This property presents a unique chance to acquire a diamond in the rough. The home requires significant renovations but is perfectly situated to take advantage of the ongoing revitalization efforts in the neighborhood. As an investor special, this property is available for cash buyers or those utilizing commercial lendingmaking it an excellent fit for those ready to dive into a project with significant upside potential. Neighborhood Growth E Somerset St is located in a neighborhood experiencing a renaissance, with new developments, trendy cafes, and local shops breathing fresh life into the area. The proximity to major transportation routes and the emerging cultural scene make this location increasingly desirable. Investors can expect an uptick in property values as more people are drawn to the charm and convenience of this community. Financial Highlights- As-Is Cash Sales : Comparable properties in the area are selling for around $100, 000 in their current condition, highlighting the competitive market for renovation projects.- After Repair Value (ARV) : Once revitalized, this property has an impressive after repair value reaching up to $300, 000 . This substantial difference between the purchase price and ARV signifies a lucrative investment opportunity.- Return on Investment : If purchased at the listed price of $100, 000, the potential return on investment is nothing short of beautiful. With smart renovations and updates, investors can expect to see significant equity growth once the property is brought up to market standards. Renovation Potential Imagine transforming this property into a modern living space that reflects the vibrant energy of the neighborhood. With careful planning, your renovations can include open-concept living areas, updated kitchens, and stylish bathrooms that appeal to todays buyers. The propertys layout offers flexibility, allowing for creativity in design that can maximize rental income or resale value. Investment Strategy This property is ideal for both seasoned investors looking to expand their portfolios and newcomers eager to dive into real estate. Whether your plan is to flip the property for a quick profit or hold onto it for rental income, the potential here is remarkable. Given the neighborhood's upward trend, your investment will not only contribute to the local economy but also provide a substantial return as the area continues to grow. Conclusion Don't miss out on this incredible investment opportunity at 1944 E Somerset St, Philadelphia, PA. With the right vision and investment, this property can become a cornerstone of your real estate portfolio. The combination of a low purchase price, high ARV, and a rapidly appreciating neighborhood make this an investors dream. Act fastproperties like this are in high demand! Schedule a viewing today and take the first step toward realizing your investment goals.

Property Features