Whether you work in the city or you just want to be closer to the action, downtown living is an experience that will stay with you forever. With all of the hustle and bustle outside your front door, it’s good to know you have an escape from that fast-paced environment where you can relax and unwind from your day.
This month’s featured project comes in the form of a modern townhome with a lofty rooftop getaway in the heart of downtown Philadelphia, PA. Built in 1925, this updated townhouse has eye-catching modern finishes to give it lasting curb appeal and help it stand out on the street. It boasts 3 bedrooms, 2 bathrooms, and central air conditioning with 1,575 sq. ft.
You can check out the interior updates, design, and listing overview in the video below:
The Fix-and-Flip Deal
This home was financed with a 12-month term loan at a 6.75% annual return to its investors. The redevelopment and artistic credit go to Michaela Hayes, and the funding was provided by your friendly neighborhood hard-money lender, Fund That Flip! This opportunity is currently closed, but you can see available investment opportunities here.
Get to Know the Philadelphia, PA Real Estate Market
Before starting new construction or fix-and-flip project in Philadelphia, make sure you know the market:
- The median home listing price in the Philadelphia, PA, area is $264,500.
- Philadelphia has a population of over 1.6 million, the largest in Pennsylvania.
- Over 3.06 million employees inhabit the city of Philadelphia, making it a hot market with eager buyers and plenty of opportunities for real estate investors and developers.
Get pre-approved for funding up to $5 million so you can make winning offers on your next projects. Check out our Hard Money Lender team in Pennsylvania or Click below to get started:
Or, invest in real estate without lifting a hammer. Invest passively and earn up to 8.75% annual returns.