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On the market: A four-bedroom flip in East Mount Airy for $369,900

The four-bedroom home was in need of renovation but offered some great foundational elements that required no enhancement.

816 Vernon Rd., Philadelphia
816 Vernon Rd., PhiladelphiaRead moreJoseph Fonash

Real estate investor Tyrone Bowles said he knew the East Mount Airy neighborhood would be a good one for his company, Seller’s Advantage.

"It offers a very peaceful setting that is accessible to so much," he said.

The four-bedroom home the firm purchased was in need of renovation but offered some great foundational elements that required no enhancement.

"It has off-street parking, so it's perfect for an owner who uses mass transit but still has a need for a car," Bowles said.

The home, built in 1950, is also about 200 feet deep, which Bowles said is a rarity.

The largest renovation project on the property was the kitchen. "It looks gorgeous and is equally useful," Bowles said. The room now includes new countertops and cabinets, as well as a center island.

The rest of the renovations included adding two powder rooms and a second full bathroom, as well as finishing the basement.

Bowles said the kitchen rehabilitation is indicative of the thoughtfulness with which the home was reconceived. He also pointed to the main-floor laundry room as further evidence.

"It is large enough to not only house the washer and dryer, but also provide enough space to iron, hang, fold and store things," he said.

The property now includes a custom deck out back, as well as a private driveway and garage.

Bowles said they expect the East Mount Airy neighborhood to appeal to buyers, as much as the house's new finishes.

"You can't say enough about this neighborhood," he said. "There is a warm feeling once you begin to meet people.

He also said the proximity to Stenton Station may entice new owners. "It's a location that allows you to get anywhere very quickly," he said.

The home is listed with Joseph Fonash at Keller Williams Center City for $369,900.