1810-1870 N MARSTON STREET

PHILADELPHIA, PA, 19121

$8,199,900

$204 per ft²
$8,199,900
$204 per ft²
Active
Active
 - For Sale
carpenters-square
40,000 ft²
property_type
Commercial
calendar
Built 2022
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 built, expected completion is in Q1 2023. Offering Memorandum is available for qualified investors.
MLS® ID:
PAPH2114846
Updated:
8/15/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Luxury Vinyl Plank, Tile/Brick
Cooling
Central A/C
Heating
Forced Air

Exterior/Building Features

Lot Size
0.3 acres lot
Roof
Fiberglass
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name
19121 (19121)
Taxes
$8800.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
RSA5

Property History

Date
Event
Price
Value
7/7/22
Price Change
$8,199,900
-3%

Courtesy of RE/MAX Elite

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2022 BRIGHT MLS. All rights reserved.

Data last updated 6:11 PM UTC, 8/15/22

Contact