The Passyunk Square real estate market has been one of the hottest in Philadelphia. In a town full of up and coming neighborhoods, Passyunk Square has seen a tremendous amount of growth. Passyunk Square has always had a certain understated charm and appeal, and now suddenly more and more residents are beginning to recognize the neighborhood. The area’s growth in popularity has also had a number of changes(both good and bad) on Passyunk Square real estate. Here’s a rundown of a few landmarks, some history, and what to expect from the Passyunk Square real estate market.
Notable Landmarks: First and foremost, Passyunk Square is home to both Geno’s and Pat’s Steaks. The Philadelphia cheesesteak institutions have called the Intersection of 9th and Passyunk home for more than 50 years. The lower half of the Italian Market(The oldest open air market in the Country) is located in Passyunk Square as well. East Passyunk Avenue(running right through Passyunk Square) is home to some of the best new restaurants and bars in Philadelphia, including Cochon(serving hope home cooked French cuisine) and The Pub on Passyunk Ave(known locally as the Pope). Passyunk Square is also home to many dog parks, playgrounds and green space.
Passyunk Square Real Estate: The real estate in Passyunk Square has many typical features of Philadelphia homes. Historic brownstones and large trinities are abundant, many dating back to the 1800′s. Recent changes in Passyunk Square real estate has seen many investors rehabbing older homes into beautiful new homes. There are also plenty of great Passyunk Square distressed properties at reasonable prices. For instance, a typical piece of Passyunk Square real estate- 1628 S 4TH ST is a rehabbed home, located directly across from Dickinson Park. It features three bedrooms, tons of cabinet and storage space and hardwood floors throughout:
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The Passyunk Square real estate market has seen a huge increase in popularity, but there are still many great properties available at reasonable prices. The Passyunk Square real estate is one worth checking out for anyone looking to get in on the ground floor of one of Philadelphia’s fastest appreciating neighborhoods.
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