Center City REO Duplex near Jefferson Hospital; Flip, hold or develop?

My hot pick of the week for REO properties in Center City is 203 S Sartain, listed for $297,000 and on the market for 2 weeks. Listed as two 1-bedroom units, you’ll see in the walk through below that the downstairs unit has a tiny bedroom, but the upstairs unit is bi-level with additional loft space on the 3rd floor.

Listing courtesy of Century 21 Advantage Gold-Elkins Park – MLS 6336094

Jefferson Hospital is located less than 2 blocks away. There’s a good demand for rentals in the area with Doctors doing residency as well as local hospital workers.

Question for you – what’s the best return?

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