For years, a home has rotted a mere block away from Palmer Park, the burgeoning Frankford Avenue, and the excellent Steap & Grind. 14 E. Palmer St. was somewhat interesting looking from the outside, set back from the sidewalk with a little front yard, like a handful of other homes in the neighborhood. But according to the listing, it was in "deplorable condition," with structural problems with the rear wall and porch roof. It was on the market last year for just under $50K and was ultimately sold for over $70K. Not bad.
In the last few months, the old home was mercifully demolished, and now a new single-family home is rising in its place. Looking at this new structure next to the previously existing buildings provides a study in contrasts.
We're not sure whether this home will be offered for sale or for rent, but we're guessing it will be sold. Though the home is located almost next door to a marble yard and only a stone's throw from the El, this will still be a very desirable place to live. After all, with so much happening on Frankford and a nice green space nearby, who wouldn't want to make this their home? We'll be interested to see the final product when construction wraps up.