Description
This is a textbook buy-and-hold opportunity in a proven West Philadelphia rental corridor with strong refinance and long-term appreciation support.
The property is a 3-bedroom rowhome (~944 SF) on a quiet residential block, featuring a traditional straight-through layout that is easy to maintain and attractive to long-term tenants. It is currently tenant-occupied at $1,450/month, providing immediate income from day one. Market rents in the area support $1,550–$1,650+, offering built-in upside through natural rent growth or light cosmetic improvements.
What makes this deal compelling is the clear separation between distressed pricing and retail values within a short radius. Renovated owner-occupant comps push well into the $300K+ range, while stabilized rentals and value-add trades establish a strong refinance floor—ideal for BRRRR or long-term hold investors.
Proximity to University City, SEPTA transit, and 54th Street commercial corridors drives consistent tenant demand, supporting both cash tenants and subsidized rental strategies.
Best Uses
- Buy & Hold Rental
- BRRRR Strategy
- Light Value-Add Reposition
Offered as-is. Cash or private financing preferred.
🏆 Top-End Retail / Renovated ARV
(Owner-occupant & fully renovated product)
- 1235 S Markoe St — $387,500 | 3bd / 2.5ba | Row
Closed 08/29/25 - 1053 S 50th St — $365,000 | 3bd / 1.5ba | Row
Closed 01/12/26 - 1200 S 50th St — $329,000 | 3bd / 1.5ba | End Row
Closed 10/17/25
⚖️ Mid-Tier / Stabilized Rental Support
(BRRRR refinance & clean buy-and-hold exits)
Schedule a Tour
Address
Open on Google Maps-
Address: 1253 South Street Bernard Street, Philadelphia, PA, USA
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City: Philadelphia
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State/county: Pennsylvania
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Zip/Postal Code: 19143
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