These Are the 10 Most Affordable Homes in Pennsport
One of them needs some fixing up, and two more could use some freshening up, but most of these offer good value for the money.
At 904 square feet. 512 Emily St. is one of the roomier houses on this list. It’s also the one that was most recently rehabbed. | Bright MLS image via BHHS Fox & Roach Realtors
Besides being home to most of the Mummers clubs, Pennsport is also home to both modest rowhomes and more luxurious new construction.
It should come as no surprise that the most affordable homes in Pennsport all fall into the former category. What might be more surprising is the condition they’re in.
For a mere $169,900, you can get an attractively renovated, two-bedroom rowhome priced right for a moderate-income first-time buyer. It’s close to SEPTA transit and Dickinson Square Park too.
But for just a little more — $30,000 more, to be exact — you can get a three-bedroom home you’ll want to sink some money into. You’ll have to, in fact, because it’s in real need of fixing up.
“The property in need of some renovation (139 Morris St.) is rightly priced among the lowest asking prices on a per-square-foot basis to reflect the needed work that the buyer will be assuming,” said Constantine Valhouli, director of research for NeighborhoodX.
The sale prices for these ten most affordable Pennsport homes range from that $169,900 renovated 800-square-foot starter home up to $255,900 for a slightly smaller (796-square-foot) two-bedroom home that’s in good condition but “in need of some updating,” according to its listing.
In between you’ll find that second-least-expensive fixer-upper, another home whose 2012 renovation looks like it’s due for a refresher, and several other move-in-ready homes, including one that got one of those new-Philly-rowhouse redos — but minus the open-plan main floor.
The most expensive of these homes, it turns out, is the smallest; the largest contains 1,148 square feet. In terms of price per square foot, they run from $185 for a home whose condition we can’t vouch for on Dudley Street to $321 for that smallest, most expensive home in aboslute terms.
The good news here is that prices haven’t hit the point where people are getting “priced out” of this neighborhood on the rise. Those in search of a comfortable home they can afford will find one here, although it might be a little more intimately sized than they were hoping for.
