Description
We have a classic 3-bed brick porch-front rowhome locked up on the highly stable 5500 block of Beaumont Ave in West Philly. This pocket is seeing incredible transaction volume right now. With an exact-match renovated comp selling just a few doors down for $210k, the retail ceiling on this specific street is verified and proven.
Specs: 3 BR / 1 BA | 1032 SQFT | Year Built: 1925 | Zoning: RSA5
š° The Money & ARV: With target rents hitting $1,400 – $1,600/mo and an estimated rehab of $61,920 (covering a heavy cosmetic and mechanical overhaul at $60/sqft), this property offers a massive equity spread. The realistic ARV is anchored conservatively at $210,000 based on the direct neighbor at 5503 Beaumont, while aggressive 3-bed renovations in the immediate radius are pushing up to $235,000.
š Why this deal? This is a hyper-localized play. We have shell comps on this exact block trading around $46k, and renovated exits hitting $210k+. The margin for a profitable flip or high-equity BRRRR is crystal clear. The strategy here is straightforward: match the finishes of 5503 Beaumont Ave for maximum retail value, or stabilize it quickly for cash flow in a rapidly appreciating zip code.
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Address
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Address: 5516 Beaumont Ave, Philadelphia, PA 19143, 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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