1553 N Marston St - Apartments FOR SALE


Philadelphia, PA 19121- Brewerytown
$395,000 USD
267-546-1718
1553 N Marston St, Philadelphia, PA for Sale
$395,000 USD
Apartments - FOR SALE
1/1
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1553 N Marston St
Philadelphia, PA 19121
Brewerytown


HIGHLIGHTS

  • Fully approved redevelopment site for an 8-unit multifamily building.
  • Located in a Qualified Opportunity Zone, offering significant tax advantages.
  • Proposed plans include a mix of one- and two-bedroom units to meet market demand.
  • Prime Brewerytown location near major redevelopment projects and lifestyle amenities.
  • Excellent access to Center City, public transit, and major highways.
  • Competitive pricing for a shovel-ready project in a high-growth neighborhood.

OVERVIEW

MPN Realty, Inc. is pleased to present the exclusive sale of 1553-55 N Marston St., a redevelopment opportunity in Brewerytown. The seller has obtained zoning approval for a 3-story building, featuring 8 units. The Seller does have proposed plans showing a unit mix of (5) 1 bed/ 1 bath units and (3) 2 bed/ 1 bath units. Located in the heart of Brewerytown, the site is very well-located in a neighborhood that is currently experiencing a tremendous amount of residential and commercial development. The Property is located in a Qualified Opportunity Zone (QOZ).

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

8

PRICE/UNIT

$49,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RSA5

APN/PARCEL ID

292077800

ASK ABOUT THIS PROPERTY

Nadia BilynskyMPN RealtyMore Info
267-546-1718

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Nadia BilynskyMPN RealtyMore Info
267-546-1718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.