Description

We just identified a high-upside “Value-Add” project in the Strawberry Mansion section of North Philly (19132)! 2337 W Sergeant St is a classic 2-story rowhome that just hit the market. Described as having “solid bones” and a functional layout, this property is the perfect candidate for a BRRRR or a fix-and-flip in a rapidly developing corridor near Temple University.

We have 2337 W Sergeant St—an 840 sqft interior rowhome built in 1915. It features a 2-bedroom, 1-bathroom layout with a full basement and a traditional “straight-thru” footprint. The property is being sold strictly “as-is,” providing a clean slate for modernization. Specs: 2 BR / 1 BA | 840 SQFT | Year Built: 1915 | Zoning: RSA5 | Status: Active.

💰 The Money:
Target Rent: $1,250 – $1,400/mo (High demand for renovated 2-beds in 19132)
Est. Rehab: $35,000 – $50,000 (Full Kitchen/Bath, Flooring, Paint, Mechanical Check)
Est. Refi Payment: ~$550/mo (Projected 15%+ Net Yield!)

📊 ARV SUMMARY & MATH
ARV (Conservative): $145,000
ARV (Realistic/Selected): **$165,000** (Based on nearby renovated sales like 2732 N Garnet St)
ARV (Aggressive): $185,000+ (If modernized with high-end finishes or converted to a 3-bed)
Market Context: Strawberry Mansion is seeing a massive wave of revitalization due to its proximity to Fairmount Park and Temple University. You are buying at ~$89/sqft while renovated product on nearby blocks is pushing $180+/sqft.