1827-1870 N MARSTON STREET

PHILADELPHIA, PA, 19121

$6,290,000

$157 per ft²
$6,290,000
$157 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 17 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 17 SFH (single-family home) residences in a neighborhood where both rent, and equity appreciation outpace comparable sub-markets. With over 30,000 square feet in total, each of the 17 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:
9/27/22
Keller Williams Realty
The Behr Team

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
8/16/22
Price Change
$6,290,000
-23%
7/7/22
Price Change
$8,199,900
-3%
Keller Williams Realty
The Behr Team
Contact