2613 Deacon St, Philadelphia, PA 19129

Property Description

This charming 2-bedroom, 1-bathroom townhouse in the desirable East Falls neighborhood presents an excellent investment opportunity. Built in 1920, this interior row home is in shell condition and requires a full rehab. All materials in the house convey with the sale. The property is situated in an urban location, providing easy access to local amenities, public transportation which enhances its rental potential. The compact lot size of 0.02 acres allows for low maintenance, making it an attractive option for tenants, on-street parking provides convenience for tenants. Sidewalks enhance the neighborhood's walkability, appealing to renters who value accessibility. The potential for appreciation in this urban setting, combined with the demand for rental properties, positions this townhouse as a promising addition to any investment portfolio. Investors can capitalize on the growing interest in East Falls, known for its community-oriented atmosphere and proximity to major city attractions. This property not only offers immediate upside potential after full renovation is complete with rental income but also long-term value appreciation in a thriving urban market.