SoPhilly Spotlight: Huge Rental edition

It’s been a while since we did a rental for the SoPhilly Spotlight, so we figured we’d check in at our old friend Craigslist and see what was on offer.

That brought us to 1163 E Passyunk Ave. for a 4-bedroom, 2,000 square foot sucker going for $2,200 a month.

1163 E Passyunk Ave.1

From the listing:

The house is really big. Bedrooms are big, living room is big, dining room is big etc. It is a lot of room for the money (about 2,000sf +/-). Photos below are of actual exterior of house, actual kitchen, and actual living room etc.

Well, that’s nice that they’re not outright lying.

1163 E Passyunk Ave.2


1163 E Passyunk Ave.3


1163 E Passyunk Ave.4
That is a big dining room for a South Philly rowhouse

This was also kind of interesting: “Looking for great new tenants to move in as soon as possible, but no later than July 1.” Why? What happens after July 1?

1163 E Passyunk Ave.5
Except the kitchen isn’t very big

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The house is well maintained. Everything works. Some nice new additions, but still keeps that vintage charm. A great South Philadelphia house at a very good price. Bring your own decorating ideas to make it home.

What a great idea!

1163 E Passyunk Ave.7
The only bedroom pictured

But there is one decorating idea that’s banned: “No pets.”

So, $2,200. Good deal or no?

4 thoughts on “SoPhilly Spotlight: Huge Rental edition

  • June 7, 2013 at 3:15 pm

    At $550 per person I’d say that’s a steal.

  • June 7, 2013 at 3:53 pm

    It seems that home prices are rising in East Passyunk / Passyunk Square, but rent prices are remaining the same… I’ve been renting out a bedroom in my home since 2007 and have not been able to raise the rent once, even over the course of several tenants. It’s really frustrating given that the neighborhood is taking off. This topic would make a great blog post of its own. Good for renters, bad for homeowners… when/how will this change? I’d love to see a suggested formula along the lines of… rent per-bedroom-square-foot should be between x and y percent of the value of the home. Something to get homeowners on the same page and ensure rents increase along with home values. But perhaps I’m being naive?

    • June 11, 2013 at 2:28 pm

      raise the rent and we’ll move further south. see ya.

  • June 7, 2013 at 7:50 pm

    Once AVI hits and property taxes increase, I think rents will begin to rise so landlords can cover that extra expense.

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