Deal Review

549 North 12th

549 N 12th St, Philadelphia, PA 19123 is a mixed-use duplex located in the vibrant and rapidly developing West Poplar neighborhood of Philadelphia. The property includes a commercial ground-floor unit and a fully renovated 1-bedroom residential unit on the top floor, which features a private rooftop with skyline views. Originally purchased for approximately $450,000 and gut-renovated, the property sustained fire damage, prompting a deed-in-lieu short sale acquisition. We are investing $30,000 to complete the residential unit renovation. Upon securing a commercial tenant, we plan to bring the asset to market. Based on current market analysis, we anticipate a conservative resale price of $650,000, with comparable sales indicating a market value between $750,000 and $800,000. This strategic repositioning presents strong upside potential through stabilized occupancy and timely resale.