16May/110

Fresh Address: 1520 W Thompson Street

Today's Fresh Address is an investment property. You've heard how an "ugly duckling" turns into a "graceful swan", right? Well we have a "green frog" ready to be turned into a "handsome prince" at 1520 W. Thompson Street.

Where It's At: A coveted Temple University location. This home is a result in an early Green Movement in Philadelphia, built 27 years ago. 1520 W. Thompson was one of the first solar-enhanced homes in Philadelphia. Solar Details.

Come On In: It is a great time to invest in Philadelphia Real Estate. Single family residential homes make fantastic rental properties and out-perform as an appreciating asset. There is a greater yield potential in Real Estate compared to other more risky endeavors such as the stock market and growth mutual funds.

Projected sale price after a full rehab is about $135K and projected rental price $1,200/mo.

$89,900

Let us know if you are ready to kiss the frog and perhaps leap from 1st time investor to Real Estate Entrepreneur!

For more information, please contact the Somers Team.