1341 North Marston Street
1341 North Marston Street
$1,225,000
12
8
—
—
—
Closed 12/20/18
New Construction
Description
Investor alert: 1341 Marston is located in the coveted new "Opportunity Zone." Investments made by individuals through special funds in these new zones would be allowed to defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. This pristine 4720 SF 3/4-leased new construction quadplex in booming Brewerytown is developed by Argo Property Group, master builders of high quality multifamily properties in Philadelphia....Investor alert: 1341 Marston is located in the coveted new "Opportunity Zone." Investments made by individuals through special funds in these new zones would be allowed to defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. This pristine 4720 SF 3/4-leased new construction quadplex in booming Brewerytown is developed by Argo Property Group, master builders of high quality multifamily properties in Philadelphia. Cash flow and appreciation are guaranteed from day one. Each 3bd/2ba unit contains over 1100 SF with open concept living, high-design interiors, hardwood floors, quartz countertops, pendant lights, high ceilings, modern appliances and conveniences throughout. This secure boutique building features striking exterior architecture set on a prominent corner lot. Washer/dryer combos in each unit. High efficiency HVAC and mechanicals. Low expenses. Tenants pay utilities. With over 50 new units on the block, 1341 Marston is surrounded by tastefully-designed new developments, common amenities, walkable retail and dining destinations on Girard Avenue, Fairmount Park greenery and great access to public/mass transportation. This limited investment opportunity provides a strong 6+ cap return with over 77k in projected NOI (net operating income). Pro forma financials and floorplans available upon request. Designed to "for sale" caliber specifications. 10 year tax abatement. 1 year builder warranty. Also available with 1219 27th, 1342 Marston, 1339 Marston as a 4 building package with 17 units total.
Listing Agents
Ryan McManus
- Listed by Justin Kane • BHHS Fox & Roach-Center City WalnutP: 4849195790 justin@thekanegroups.com
Property Details for 1341 North Marston Street
Tax ID Number
292072405
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
Location
LISTING UPDATED: 01/02/2024 11:58 AM
Property Details for 1341 North Marston Street
Status | Closed |
---|---|
MLS # | 1009971164 |
Days on Market | 4 |
Taxes | $666 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2019 |
Lot Size | 0.04 AC / 1,850 SF |
County | Philadelphia County |
Building
Location
Building Information for 1341 North Marston Street
Stories-Residences-Year Built2019Building Size-Lot Size0.04 AC / 1,850 SF
Payment Calculator
$6,741 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1341 North Marston Street
Property History for 1341 North Marston Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1341 North Marston Street
Taxable ValueLand-Additions-Total-
Tax Record2023$5,046 ($421 / month)
Home Facts
Total Finished SqFt4,242 SqFtAbove Grade Finished SqFt4,242 SqFtStories3Lot Size1,850 SqFtStyleMulti-Family Dwelling (2-4)Year Built2018ZoningRSA5CountyPHILADELPHIAAPN29-2-0724-05
Schools near 1341 North Marston Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
Morris Robert School PublicPK to 8 | ||
Vaux HS: A Big Picture School Public9 to 12 | ||
Carver High School Public7 to 12 | ||
Masterman Julia R Secondary School Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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