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[quote=Anonymous][quote=Anonymous]I think this is South Philly / Grays Ferry based on the $20m rec center. I don’t know enough about the neighborhood to know if there is really upside—not great seems accurate to me. I know a young couple who bought a place there and are renovating but they are arty twenty something’s with no kids.[/quote]

"On a half acre inside a major city, neighborhood is not great, but gentrifying."

Half acre is the tricky part. South Philadelphia is all rowhouses. Half acre sounds like Mount Airy, Germantown. Parts of Mount Airy is nice, parts of it is still stuck in potential gentrification but never making it for the last 40 years. Could be Germantown as there's pockets of large lots around the Awbury arboretum.

I can see pouring money into a Mount Airy house as that's the best bet for a long term gentrification. Philadelphia gentrification is always going to be hit or miss. It's not Brooklyn. There's a massive crime and worsening problem. Schools are always problematic. [/quote]

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