Whether you’re a seasoned investor or just thinking about becoming a landlord, be sure to consider these affordable, walkable, and desirable up-and-coming towns:
1. Pottstown. Convenient to Reading, Allentown, King of Prussia and a number of other towns by art 422, Pottstown is quickly becoming a great place to live with a walkable downtown area and plenty to do! The borough has enjoyed an impressive revitalization with great new restaurants, fitness studios, and entertainment. Plus, there are an abundance of affordable homes for sale, including “diamonds in the rough” for under $50,000!
2. Bridgeport. This accessible town in the heart of Montgomery County is just a couple of minutes from Norristown and King of Prussia, and located in the award-winning Upper Merion School District. Bridgeport Borough offers a variety of housing options, including plenty of affordable options. The rental market is strong in Bridgeport, and there are opportunities for home flippers, too!
3. Phoenixville. It’s no secret that friendly, trendy Phoenixville has been “up and coming” for years, and it’s firmly solidified its spot as one of Chester County’s favorite towns! But while Phoenixville is established as a great place to live, work and play, it still offers plenty of options for investors. The rental market is exceptionally strong, and many of the affordable homes for sale need just a little aesthetic TLC.