Are you traveling to Pennsylvania any time soon? Would be happy to take you out to see this lovely home and the surrounding area.
Warren Nelson, Associate Broker
William-Fitzgerald Home Buying Team
License Number AB-066995
Realty Mark Cityscape
2 Penn Center
1500 JFK Blvd. Suite 1510
Philadelphia, PA 19102
Office: (215) 583-7777
Cell: (267) 972-1084
Fax: (215) 640-0555
Email: email@example.com... more
That could be part of the condo associatiobn fee. To keep the exterior and shared areas clean and free if debris. I would ask about any other fees they require and also their guidelines for living there. If you have any more question shoot me an email and I will try and answer them.
I could not find any additional info on that particular property but other 2 bed2 bath units pay about $625.00 per month in fees which includes inside,outside maintenance,security,trash removal,shuttle service water sewer and cooking gas
The price is very good as the only others available at this time start at 269,000.00
However this is a short sale and there are certain conditions with such
If you should have additional questions please give me a call
Accredit buyers Representative
Hi EDD, much has changed in 35 years and these buildings are not necessarily what they once were. There are even other areas besides the Parkway that my clients love.
I feel this may be best handled in person. Just to remind you, you don't pay me a thing, the Seller pays all real estate commission in Pennsylvania.
I simply feel you could use a buyer's broker to walk you through this. I know most buildings in the city and am affiliated with condo.com.
Are you available to meet for coffee or talk on the phone?
Eric Axelson, Association Broker
Kurfiss Sotheby's International Realty
We cannot answer questions about crime but I can suggest you look online. There are plenty of websites with crime stats. The best way of finding out is to call or go to the local police station.... more
Lenders look at credit first, income second, the asset next. If your income is part time, chances are it isn't very much. If its part time and short time, which many part time jobs are, they will have a hard time expecting it to be permanent enough to rely on.
Hard money lenders are also called equity lenders. They want a lot of cash into the deal and the rest of the deal has to make sense. They charge higher fees and rates than conventional or portfolio lenders. You have to still show them you have the capacity to pay them back. Hard money loans are also typically short term, so you'll need to have permanent financing lined up in 3-6 months in many cases.
Adding that this is likely to be a non owner occupied property only makes this more complex. NOO loans generally require 25% down to start and they still want the income and assets to make sense.
You can talk to some mortgage brokers; ask if they have portfolio products which offer different guidelines than conventional. I'm not aware of any way to do what you are asking, but that doesn't mean it doesn't exist.
Decide a few details before you proceed though. Will you live in it or not? How much will you put down and what will you have in reserve? Can you go to full time employment or get a second part time job?... more
Congrats on your home search. I would be happy to discuss this property with you, if you are not already working with a Realtor.
Regarding the schools, I advise clients to utilize the info on trusted websites, such as the Philadelphia School website-below and linked on Trulia, as well as contact the local police department to get answers to your questions.
There are many school options in the area, public, private, and so on. For information on the public schools in Philadelphia, you can visit the website directly: http://www.phila.k12.pa.us.
Again, if you need assistance with your home search, please feel free to contact me.
484-995-2155 cell... more
Unfortunately the square footage is not listed for this property, but I would be happy to schedule a showing for you, if you are not already working with a Realtor, so you can see the size and property.
Please feel free to contact me to discuss your search further.
484-995-2155 cell... more
This is going to shock you and my colleagues my disagree with me, but I would say that an updated kitchen can add about $100 more a month for rent. Let's run the numbers though: $5,500 expenditure /minimum 3 years (60 months) = $152.77 / month premium you need to make. Seven years makes it $65.48. Average of 5 years is $91.67.
Two: you also want to consider how much quicker it will rent. If it rents 1 month quicker and you collect an additional month's rent, than that immediately makes it all worth it.
If you allow me to, I could come by and run comps and give you the comps for current condition vs updated. Let me know.
Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
Yes I can help you with that. Please feel free to give me a call at 267-688-1110.
Keith J. Lawson
RE/MAX Affiliates N.E.
9237 Frankford Ave.
Phila, PA 19114
Member - AREAA Philadelphia Metro
Follow me on Facebook at http://facebook.com/keith.j.lawson
Follow me on Twitter http://twitter.com/#!/KEITHJLAWSON... more
Poor public school system, high crime rate, high car & homeowners insurance
Rates, 7 % sales tax, high wage tax, highest property transfer tax in country
At 2% to buy OR sell, 10% increase in property tax. All for the vibe of living in the city.... more
5 - 10 years? Karen, we're Realtors not pyschics! However, i too wish I could predict future values.
What we do know is: during the 10 years the 19130 zip code appreciated more than others in the 7 Center City zip codes.
If you really want serious advice and not chatter; hit me up at MoveSmarter@CBP.com - or 215 266 7227... more
If you're doing it for your own enjoyment, go for it! We shouldn't just bed down in our houses at the end of the night but genuinely enjoy their amenities while we live there. Will it pay off for you seems to be your question.
The best return of any remodel is kitchen and bathrooms. Period. What your deck may do though is not improve it's VALUE but rather improve its SALEABILITY at the end. Two homes near each other and all things being mostly equal if they sell for the same price and one has a roof deck and another doesn't, most people would chose the one with the roof deck. They may never use it, but people buying homes will think, "oh, we will have the coolest parties out here!"
Important note, if you're getting it done, get quality work done with all the appropriate permits and don't skimp. If someone sees a roof deck on a home they are thinking of buying and it looks like the roof deck is going to fall right through the roof, or it's faded or warped, or it's such a monstrosity rather then being a beautiful simple deck that fits with the surrounding neighborhood, you may cost yourself a sale.
I'm not in your area but I have professional associates in the area. If you would like a recommendation to one to perform a free market evaluation of your home before you get started, just drop me an email or give me a call.
Technology Committee Chairperson
Mike, I like the way you think. I have thought about Brewerytown myself and have talked about it with a lot of the investors I work with. For now, I think Brewerytown has a long way to go. The statistics were skewed that Brewerytown had significant appreciation as it all came from Brewerytown Square. For now, there are just so many board ups. I think the timefram to invest in this area would need to be minimum 5 years. It would be good to pick up a property or two and keep as a rental until the area turns around.
Instead, what I have been recommending to clients has been Old Kensington (19122) - see our website page on this neighborhood at:
In addition, am much more bullish on everything closer to the river - Fishtown, Port Richmond, Bridesburg...etc. You are right that No Libs has seen that development - but the development is really just beginning in the other areas.
To me, Brewerytown is much riskier. Although the wildcard would be with that risk, there could be greater reward too.
For more info about us, visit our website below:
Good luck in your search and let us know if we can be of any help. Also keep an eye out for our lanch of an investment site for Philadelphians - will be hot and one of its kind !... more
By investment, do you mean for rental income, or for long term hold appreciation? Generally, the second bedroom doesn't have that much greater costs, but presents much greater flexibility if rentals, and a wider pool of potential buyers when you sell. Although I cannot comment about the Fairmount-Art Museum area of Philly, an overall general rule of thumb would have me point to the 2 bedroom.... more
If you are a home owner, not a renter, parking is easier because you can get permit parking - which means you can park in your zone and you don't have to worry about the time limit posted. For being so close to Center City, parking in the Art Museum area isn't bad. 1500 Mt. Vernon is close to CCP, so you might have to fight with some college kids for parking, but I think most of them take public trans.
TONS of development in that area. Prices have certainly gone up in all of 19130 zip. Lots of condo conversions and new construction.
Terms like "safe" really are difficult for me to comment on... Are you a city dweller? Sometimes people who haven't lived in the City have different expectations of safety than those that have lived in the City. It really depends on your comfort level. Can you park a BMW there, yes. Should you leave your wallet on the seat, no. Can you walk outside at 2am, yes. Should you be wearing lots of jewelry, probably not... But really that rule applies to every part of the City.
If you are looking to buy on that block, if you are smart about what you are buying, you'll enjoy the neighborhood.
Let me know if I can help at all. I'm always happy to talk real estate!!! No obligations.... more