Description
Looking for a shovel-ready flip or a high-cap Section 8 rental? This 1,300 SF brick row in the Northwood pocket of Frankford is exactly what you need. Unlike standard rows, this one comes with private off-street parking, which is the #1 requested feature for buyers in this zip code.
💰 The Financials:
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Market Rent: $1,550/mo
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Section 8 Potential: $1,750 – $2,100/mo (2026 PHA Group 2 Standards)
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Estimated ARV: $225,000
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Gross ROI (Rental): ~16%
🚀 Why this deal?
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The ”Next Door” Blueprint: 1335 Fillmore St sold for $221k last month. You are buying on a block with a proven price ceiling and high buyer demand.
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Rare Parking: The attached rear garage and driveway add immediate appraisal value ($15k+) and slash your ”Days on Market” for a retail exit.
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Section 8 Goldmine: Located in a ”Traditional Rent” zone (Group 2), this property commands top-tier PHA rates, making it a high-yield hold.
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Solid Bones: Classic 1935 brick construction with a spacious 1,300 SF layout that supports a 3BD / 1.5BA or 2BA conversion.
💎 Renovated Higher Sales (Top of Market)
- 1335 Fillmore St (0.0 mi) – Sold $221,000 | 3 bd / 1.5 ba | 1,300 sqft | (12/12/25) – Full Reno
- 1328 Fillmore St (0.1 mi) – Sold $215,000 | 3 bd / 1 ba | 1,300 sqft | (05/16/25) – Renovated
- 1204 Pratt St (0.2 mi) – Sold $205,000 | 3 bd / 2 ba | 1,368 sqft | (12/09/25)
⚖️ Mid-Tier Comps (Clean / Functional / Rental Grade)
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Address
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Address: 1341 Fillmore St, Philadelphia, PA 19124, USA
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City: Philadelphia
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State/county: Pennsylvania
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Zip/Postal Code: 19124
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- terohnhyatt
