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1553 N Marston St 1 Unit Apartment Building $395,000 ($395,000/Unit) Philadelphia, PA 19121
INVESTMENT HIGHLIGHTS
- Fully approved redevelopment site for an 8-unit multifamily building.
- Proposed plans include a mix of one- and two-bedroom units to meet market demand.
- Excellent access to Center City, public transit, and major highways.
- Located in a Qualified Opportunity Zone, offering significant tax advantages.
- Prime Brewerytown location near major redevelopment projects and lifestyle amenities.
- Competitive pricing for a shovel-ready project in a high-growth neighborhood.
EXECUTIVE SUMMARY
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).
PROPERTY FACTS
| Price | $395,000 | Building Class | C |
| Price Per Unit | $395,000 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 4,420 SF |
| No. Units | 1 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RSA5 - RSA-5 Please note seller has zoning approval for 8 unit multifamily building. | ||
| Price | $395,000 |
| Price Per Unit | $395,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,420 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
| Zoning | RSA5 - RSA-5 Please note seller has zoning approval for 8 unit multifamily building. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (82)
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