Address
1925 N Marshall Street, Philadelphia, PA
Price
$ 750,000
Property Attributes
- MLS#PAPH2301500
- TypePending
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19122
- Zip19122
- StyleContemporary,Mid-Century Modern
- Year Built2018
- Taxes$ 1258
- Price$ 750,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
1925 Marshall Street: Newly constructed boutique triplex property for sale in South Kensington. Offered at/below replacement cost. This prime Philadelphia multifamily real estate offering is available nowindividually or with multiple similar properties nearby for critical mass investors (enquire within for details on additional properties for sale). FINANCING: This apartment building is highly ideal for owner occupancy with 5% down payment financing Fannie Mae has announced that it will accept 5% down payments for owner-occupied 2-, 3-, and 4-unit homes. This marks a departure from the previous multifamily financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes. This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership. Prospective owner-landlords can now afford these properties more easily, thanks to the reduced down payment requirement by Fannie Mae. UNITS: 3bd x 2ba 1500 SF on ground floor / lower level with private patio in the rear, 1bd x 1ba 750 SF on 2nd floor, 2bd x 2.5ba 1500 SF on 3rd-4th floors with private roofdeck overlooking the Philly skyline. LOCATION: Walkable to Fishtown, Philly's most popular area + Berks Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come.
| Price History | |
|---|---|
| 11/30/2023 | Listed $750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | RM1 |
| Architectural Style | Contemporary,Mid-Century Modern |
| Construction Materials | Masonry,Brick |
| Year Built | 2018 |
| Property SubType | Triplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | PENDING |
| Directions | Use GPS |
| ModificationTimestamp | 2024-05-09T12:27:46 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2 |
| Total Units | 3 |
| MLS Area | 19122 (19122) |
| Lot Size Square Feet | 1128.00 |
| Tax Assessed Value | 89880.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 2 |
| Street Name | MARSHALL |
| Tax Annual Amount | 1258.0 |
| Two Bedroom | 1 |
| Structure Type | Interior Row/Townhouse |
| One Bedroom Units Count | 1 |
| Other Units | Unit 1,Unit 2,Unit 3 |
| Price Per Sq Ft | 200.0 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 3750 |
| Days on Market | 151 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Tax Lot | 202 |
| Cap Rate | 7.69 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool Y/N | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | W70 |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Dimensions | 16.00 x 70.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 89880.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19122
Price
Taxes
Visits
Year Built
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