$990,000
NEW CONSTRUCTION

Estimated payment $5,359/month

Total Views 4,087
-- Bed
-- Bath
4,015 Sq Ft
$247 Price per Sq Ft

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Straight Thru Architecture

About This Home

Welcome to 1740 N Marshall, an exquisite newly constructed triplex situated in the vibrant South Kensington neighborhood. This property offers a remarkable investment opportunity, featuring significant rental potential of over $7,000 per month and minimal expenses, bolstered by an approved 10-year tax abatement. The location is exceptional, providing convenient access to some of Philadelphia's premier dining establishments and cafes. The surrounding area is undergoing rapid development, which promises sustained growth and increased desirability. The triplex comprises three meticulously designed units with high-end condo quality finishes: * Unit 1: A generous bi-level unit with 4 bedrooms and 3 bathrooms, complete with a private yard. * Unit 2: A well-appointed 2-bedroom, 2-bath unit situated on a single floor. * Unit 3: A charming 2-bedroom, 2-bath unit featuring a private roof deck. Each unit is adorned with high-quality finishes, including custom locally-made cabinetry, quartz countertops, premium stainless steel appliances, and Bespoke tile work in the bathrooms. Modern amenities such as Nest thermostats, video intercom systems, and electronic keypads enhance both comfort and security. All mechanical systems are of the highest standard, featuring Lennox HVAC, Anderson windows, and a fiberglass roof. Every detail has been carefully considered, from doors and hardware to all other features. Each unit exudes a sense of luxury, characterized by contemporary layouts and an abundance of natural light, with every bedroom providing ample closet space and storage options throughout. Also, every unit is ideal for entertainment with a custom built-in area for TV and modern tech with the luxury decor. Given its prime location, upscale features, and strong rental prospects, this property is unlikely to remain on the market for long. It is currently vacant and readily available for viewing. Schedule your appointment today.

Listing Agent

Christopher Somers

(267) 987-4443 thesomersteam@gmail.com KW Empower License #RS278328 Listed on: 01/02/2025

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,399 Sq Ft Lot
  • Lot Dimensions are 16.00 x 87.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 4,015 Sq Ft Home
  • Triplex
  • Straight Thru Architecture
  • Brick Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 201146200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,749

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: Yes
  • Expected On Market: 1/2/2025 12:00:00 AM
  • Year Built: 2024
  • Special Features: 4098

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4015
  • Living Area Sq Ft: 4015
  • Price Per Sq Ft: 246.58
  • Above Grade Finished Sq Ft: 4015
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1399.00
  • Property Condition: Excellent
  • Zoning: RM

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 979.00
  • Tax Annual Amount: 1749.00
  • Assessor Parcel Number: 201146200
  • Tax Lot: 124
  • Tax Data Updated: No
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,241 $125,000 $125,000 --
2025 $2,241 $125,000 $125,000 --
2024 $2,241 $125,000 $125,000 --
2023 $2,241 $160,100 $160,100 $0
2022 $410 $160,100 $160,100 $0
2021 $410 $0 $0 $0
2020 $410 $0 $0 $0
2019 $410 $0 $0 $0
2018 $410 $0 $0 $0
2017 $410 $0 $0 $0
2016 $125 $0 $0 $0
2015 $119 $0 $0 $0
2014 -- $8,900 $8,900 $0
2012 -- $640 $640 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2025 08/14/25 Price Changed $990,000 +5.3% $247 / Sq Ft
06/09/2025 06/09/25 Price Changed $939,900 -1.1% $234 / Sq Ft
05/06/2025 05/06/25 Price Changed $950,000 -2.1% $237 / Sq Ft
04/01/2025 04/01/25 Price Changed $969,900 -2.5% $242 / Sq Ft
01/02/2025 01/02/25 For Sale $995,000 +804.5% $248 / Sq Ft
12/11/2019 12/11/19 Sold $110,000 +15.9% -- View Prior Sale
09/30/2019 09/30/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $94,900 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $160,000 None Listed On Document
Deed $110,000 Knights Abstract Inc
Quit Claim Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2429412

Bright MLS

APN: 201146200