Browse Condos in Near Northeast Philadelphia, Philadelphia or list your own. Advertise, sell your property, list it for letNear Northeast Philadelphia, is a section of the city of Philadelphia.
When combined with the Far Northeast, to be "Northeast Philadelphia", the 2000 Census shows that the combined area has a sizable percentage of the city's 1.547 million people — a population of between 300,000 and 450,000, depending on how the area is defined. Beginning in the 1980s, many of the Northeast's middle class children graduated from college and settled in suburbs, especially nearby Bucks County. Whites were once predominant in northeastern Philadelphia. However, with the emigration of older populations and white flight a new influx of Hispanics have settled in the Northeast, while African Americans and Asian immigrants have purchased homes in northeast Philadelphia. The Northeast is now both racially and ethnically diverse and has a large immigrant population.A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.
Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.Source: https://en.wikipedia.org/