Philadelphia, PA 19122,1925 N MARSHALL ST
Philadelphia, PA 19122,1925 N MARSHALL ST
Philadelphia, PA 19122,1925 N MARSHALL ST
Philadelphia, PA 19122,1925 N MARSHALL ST
Philadelphia, PA 19122,1925 N MARSHALL ST
Philadelphia, PA 19122,1925 N MARSHALL ST
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$730,000

$750,000

2.7%
Est.Price: ?

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Est. payment /mo

3,750 SqFt


SOLD DATE : 05/31/2024

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $194

MLS Listing ID PAPH2301500

Sold Date 05/31/24

Style Contemporary,Mid-Century Modern

Abv Grd Liv Area 3,750

Originating Board BRIGHT

Year Built 2018

Annual Tax Amount $1,258

Tax Year 2022

Lot Size 1,128 Sqft

Acres 0.03

Lot Dimensions 16.00 x 70.00

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 now—individually 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.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Mid-Century Modern

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 201132900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Michael & Rebecca Straley

Michael & Rebecca Straley

+1(540) 834-6263

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Ryan J McManus • Compass RE
Bought with Chris Coulton • BMB Living, Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 834-6263

rebeccastraley@gmail.com

14291 Park Meadow Dr, VA, USA

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