Frank L DeFazio, Listing Office: BHHS Fox & Roach-Center City Walnut
$10,000
closing credit¹
1740 N Marshall St Philadelphia, PA 19122
Property details
About 1740 N Marshall St
Welcome to 1740 N Marshall, an exquisite newly constructed triplex situated in the vibrant South Kensington neighborhood. This property offers a remarkable investment opportunity, featuring significant rental potential of over $7,000 per month and minimal expenses, bolstered by an approved 10-year tax abatement. The location is exceptional, providing convenient access to some of Philadelphia's premier dining establishments and cafes. The surrounding area is undergoing rapid development, which promises sustained growth and increased desirability. The triplex comprises three meticulously designed units with high-end condo quality finishes: * Unit 1: A generous bi-level unit with 4 bedrooms and 3 bathrooms, complete with a private yard. * Unit 2: A well-appointed 2-bedroom, 2-bath unit situated on a single floor. * Unit 3: A charming 2-bedroom, 2-bath unit featuring a private roof deck. Each unit is adorned with high-quality finishes, including custom locally-made cabinetry, quartz countertops, premium stainless steel appliances, and Bespoke tile work in the bathrooms. Modern amenities such as Nest thermostats, video intercom systems, and electronic keypads enhance both comfort and security. All mechanical systems are of the highest standard, featuring Lennox HVAC, Anderson windows, and a fiberglass roof. Every detail has been carefully considered, from doors and hardware to all other features. Each unit exudes a sense of luxury, characterized by contemporary layouts and an abundance of natural light, with every bedroom providing ample closet space and storage options throughout. Also, every unit is ideal for entertainment with a custom built-in area for TV and modern tech with the luxury decor. Given its prime location, upscale features, and strong rental prospects, this property is unlikely to remain on the market for long. It is currently vacant and readily available for viewing. Schedule your appointment today.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2429412
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Christopher K Somers
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Last updated on: 1/22/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
1740 N Marshall St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 26, 2019 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $0 | $410 |
2019 | $29,300 | $410 |
2018 | $29,300 | $410 |
2017 | $29,300 | $410 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.6 mi
•127 W Oxford St
7
Horatio B. Hackett School
Public District KG-5
1.0 mi
•2161 E York St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.1 mi
•2539 N 16th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,629. Most Philadelphia, PA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 1740 N Marshall St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 4,015 square foot home, which was built in 2024, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $995,000.
Over 218 listings were sold over their listed price in December 2024 in Philadelphia, PA. In the same period over 580 listings were sold below the listed price and 229 listings were sold for the listed price. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. In December 2024 median list price was $267,873 and the average listing age was 49 days.