7043 Saybrook Ave – Philadelphia, PA 19142

Hey Investors,

7043 Saybrook Ave is a 4BR row home sitting on RM1-zoned land in Elmwood/Southwest Philadelphia — a Buy & Hold opportunity with serious upside. The property is currently configured as single-family but the RM1 zoning permits a 2-unit conversion by right, meaning you can add a second rental unit without a zoning fight. With renovated SFR comps topping $250,000+ and 2-4 unit comps trading at $175,000–$275,000, the dual exit strategy here is what makes this deal.

Strategy: Buy & Hold | Type: Single Family (RM1 — Duplex Conversion Eligible) | Specs: 4 BR / 0 BA | 1,600 sqft | Year Built: 1920 | Zoning: RM1 | Occupancy: Unknown | Condition: Medium (Kitchen | Bathroom | New Exterior)

The Money & ARV:
* Target Rent: $1,600 – $1,900/mo (SFR) | $2,200 – $2,600/mo (duplex after conversion)
* Est. Rehab: $56,000 (1,600 sqft × $35 Medium — Medium rehab tier)
* Realistic ARV: $210,000 (Anchored by 6902 Buist Ave, 6733 Linmore Ave SFR comps)
* Aggressive ARV: $260,000 (2-4U exit: 2510 S 71st St sold $275,000 as MULTI_FAMILY, 7119 Woodland Ave sold $260,000)

Why this deal?
This block in Elmwood is stabilizing with renovated row homes selling in the $195,000–$237,000 range, giving the SFR flip path a solid ceiling. The real alpha is the RM1 zoning: convert the 1,600 sqft layout into a legal duplex (each unit ~800 sqft, 2BD/1BA), rent both units at $1,100–$1,300 each, and you’re looking at $2,200–$2,600/mo gross — a 20%+ gross yield on an all-in basis of ~$110,000. Multi-family comps in this exact submarket (2510 S 71st, 7119 Woodland, 6906 Woodland) are transacting at $175,000–$275,000, validating the duplex ARV. Hold this asset, convert when permitted, refinance at $200,000–$240,000 valuation, and pull your capital back out while the cash flow covers PITI.

Comparable Properties

PROPERTY COMPARABLES (SOLD LAST 6 MONTHS) — City | Strategy: Buy & Hold | Radius: 0.25-0.5 mi (SFR) | 1.0 mi (2-4U)

Renovated / High-End Closed Sales [SFR]
– 2552 S 68th St, Philadelphia, PA 19142 (0.19 mi) [SFR] — Sold $250,000 | 3BD/2BA | 960 sqft | $260 PPSF | 03/18/26
– 6902 Buist Ave, Philadelphia, PA 19142 (0.38 mi) [SFR] — Sold $210,000 | 4BD/2BA | 1,024 sqft | $205 PPSF | 05/21/26
– 6733 Linmore Ave, Philadelphia, PA 19142 (0.27 mi) [SFR] — Sold $195,000 | 3BD/2BA | 1,216 sqft | $160 PPSF | 05/15/26

Mid-Tier & Value-Add Closed Sales [SFR]
– 7246 Grays Ave, Philadelphia, PA 19142 (0.29 mi) [SFR] — Sold $173,900 | 3BD/1BA | 1,200 sqft | $145 PPSF | 03/10/26
– 7020 W Passyunk Ave, Philadelphia, PA 19142 (0.44 mi) [SFR] — Sold $156,000 | 3BD/1BA | 960 sqft | $163 PPSF | 04/30/26
– 7113 Theodore St, Philadelphia, PA 19142 (0.34 mi) [SFR] — Sold $170,000 | 3BD/2BA | 1,008 sqft | $169 PPSF | 02/26/26

── 2-4 UNIT COMPS (RM/CMX multi-family-by-right) ──

Renovated / High-End Closed Sales [2-4U]
– 2510 S 71st St, Philadelphia, PA 19142 (0.39 mi) [2-4U] — Sold $275,000 | 4BD/2BA | 1,500 sqft | $183 PPSF | 04/24/26
– 7119 Woodland Ave, Philadelphia, PA 19142 (0.46 mi) [2-4U] — Sold $260,000 | 4BD/4BA | 2,175 sqft | $120 PPSF | 06/03/26
– 22 N Front St, Darby, PA 19023 (0.88 mi) [2-4U] — Sold $254,000 | 4BD/2BA | 1,748 sqft | $145 PPSF | 03/12/26
– 6906 Woodland Ave, Philadelphia, PA 19142 (0.41 mi) [2-4U] — Sold $175,000 | 4BD/- | 1,706 sqft | $103 PPSF | 05/14/26