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1342 N MARSTON ST
Philadelphia, Pennsylvania, United States

Description

Investor alert: 1342 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 5383 SF fully-leased new construction sixplex 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 spacious 2bd unit features open concept living, high-design interiors, quartz countertops, pendant lighting, high ceilings, modern appliances and conveniences throughout. This secure boutique building features a dramatic common corridors with exposed brick and public art. Washer/dryer combos in each unit. High efficiency HVAC and mechanicals. Low expenses. Tenants pay utilities. With over 50 new units on the block, 1342 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 return with over 92k 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 as a package with 1219 27th, 1339 Marston, 1341 Marston for a total of 17 units in 4 buildings.

Presented by

BHHS Fox & Roach

BHHS Fox & Roach
Click To Show Phone
Main: +1 866 486 5636

Location

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