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1810-1870 N Marston Street
Philadelphia, PA 19121
MLS# PAPH2114846 ID: 76035135
$8,199,900
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Property Description
Commercial - PHILADELPHIA, PA The vision behind Marston Walk was conceived when Omega Home Builders purchased a unique assemblage of vacant lots in one of the fasted developing neighborhoods in the City of Philadelphia. On behalf of ownership, now be offered are 22 new construction luxury single-family residences, all situated on the 1800 block of North Marston St in the Brewerytown/Strawberry Mansion sections of Philadelphia. This turn-key opportunity offers a potential buyer the ability to own 22 SFH (single-family home) residences in a neighborhood where both rent, and equity appreciation outpace comparable sub-markets. With over 40,000 square feet in total, each of the 22 SFH residences comes in at approximately 1,800 square feet and boasts 3 bedrooms, 3 full bathrooms, a finished basement, backyard patio, roof deck, as well as all being laden in luxurious designer finishes by Romi Designs Studio. Each residence comes with a 10-year tax abatement, builder’s warranty and one of the most attractive value propositions of all, the ability for the seller to manage the property portfolio at an attractive rate. Both Brewerytown and Strawberry Mansion are poised for significant upside, mainly due to its proximity to the largest master planned development in the history of Philadelphia. Schuylkill Yards and the 30th Street District are in tandem $3.5 billion and $6.5 billion projects being developed by Brandywine Realty Trust (NYSE - $BDN) in partnership with Drexel University, Amtrak, SEPTA, Pennsylvania Department of Transportation. With Philadelphia positioned a hub for both “eds and meds,” Marston Walk is also conveniently located close to major educational and healthcare institutions such as Temple University, Drexel University, The University of Pennsylvania & The Wharton School of Business. We foresee the potential for asymmetric equity appreciation presenting itself with Marston Walk. Marston Walk is available for purchase as a whole or by phases of the project. The final phase is to be bu
Property Features
Status
Days On Market 86 days
Last Updated August 10, 2022
Market Status Available
Description
Property Type Commercial
Year Built 2022
Approx. Lot Size .3 Acres
Building Features
New Construction
Heating System Forced Air
Central Air
Exterior Features
Exterior Construction Metal
Legal/Financial
Taxes 8800
Listing Features
Property Type Commercial;
Offered By:
Maxim Shtraus
RE/MAX Elite

Data Provided by Bright MLS

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