Description

We’ve locked up a high-margin “Full-Gut” or “High-End Value-Add” target in the heart of Point Breeze. 1530 S LeCount St is located on a quiet, high-demand block where the renovation ceiling is moving upward every quarter. With a standard 3-bedroom footprint and RSA5 zoning, this is the perfect asset for a fix-and-flip crew looking to capitalize on the relentless demand from young professionals moving into the 19146 zip code.

Specs: 3 BR / 1.5 BA | ~1,000 SQFT | Year Built: 1920 | Zoning: RSA5

💰 The Money & ARV:
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Target Rent: $1,900 – $2,300/mo (Premium demand for Point Breeze 3-beds)

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Est. Rehab: $69,000 (Full-gut modernization at $60/sqft + 15% inflation buffer)

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Realistic ARV: $358,000 (Anchored by 1504 S 24th St)

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Aggressive ARV: $454,000 (Top-tier potential proven by 1432 S Taylor St)

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The Spread: There is a six-figure equity gap here for the right crew to exploit.

🚀 Why this deal? Point Breeze is a “Comps-Rich” environment. Your buyer isn’t guessing on the value; they can see ten renovated exits within two blocks. While the “realistic” floor is in the mid-$300s, the recent $454k trade on Taylor St proves that buyers are paying a massive premium for 4-bedroom configurations or high-luxury finishes. The strategy here is simple: gut the unit, maximize the bathroom count (2.0 or 2.1), and capture the retail spillover from Center City.