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Restored Fairmount home nabs buyer in one day

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Well that didn’t last long

This five-bedroom Fairmount home is on the market for $485,000.
Courtesy of Agent Philadelphia

After selling for $270,000 at the end of last year, this fixer-upper returned to the market primped and polished after undergoing a speedy, but impressive restoration.

And after less than 24 hours on the market, it found a buyer.

But before we get into the nitty gritty, some background: The five-bedroom home at 911 N. 29th Street was originally built as one of many hotels on the block to house travelers coming to town for the Centennial Exhibition of 1876, which took place in the nearby Fairmount Park.

However, the original Victorian charm of the three-story home wore off over its long history, and when it listed in 2016, it was in need of a lot of TLC.

Today, the home’s wide-plank hardwood floors have been refinished, and the building’s facade, wainscoting, and crown molding have been restored. Meanwhile, the kitchen and the three full bathrooms and one half bath have been renovated.

The home listed on Wednesday, June 21 for $485,000. Listing agent Ryan McManus said that multiple offers came in over asking price.

It’s just another example of Philly’s hot real estate market right now. In April of this year, these five homes also were pending sale or under contract in less than five days.

Take a tour of the Victorian below.