4 months on rocket

1925 N Marshall St, Philadelphia, PA, 19122

$750,000

Home List Price

$8,906*

Closing Credit

0 Baths
3,750 SqFt
$200/SqFt
Multi
Schools Nearby

Location

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1925 N Marshall St, Philadelphia$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2018
HeatingCentral
CoolingCentral Air
MLS #PAPH2301500
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1925 N Marshall St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Mid-Century Modern
  • Year Built: 2018
  • Living Area: 3,750 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 448-3744
  • Listing Agent: Ryan J McManus

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • William McKinley School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $4,164
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$257.6K

Med. Price/SqFt

$195

Avg. Days On Market

54

# of Sold Homes

923

1925 N Marshall St vs Philadelphia

149 DAYS ON ROCKET

+95 Days

$750,000

+$492.3K More

$200/SqFt

+$5 More

KEY TAKEAWAY

This property is $492.3K more than the Median Sold Price and $5/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2301500

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (267) 448-3744
  • Listing Agent: Ryan J McManus

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2018Home Sold
$1,055,000
Mar 08, 2017Home Sold
$19,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,164 -
2019$362$25,900
2018$363$25,900
2017$363$25,900

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1936048
3
/10

  • William McKinley School

  • 2101 N Orkney St

  • 0.23 miles

  • Public District Grades KG-8

High School

school-card-donut-1936049
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,668. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1925 N Marshall St

This home is located at 1925 N Marshall St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 3,750 square foot home, which was built in 2018, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $750,000.

In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. While the average time on the market in March 2024 was 54 days, the median list price was $257,610.

From Rocket Homes Real Estate and based on county public records data.

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