1722 North Marshall Street

Philadelphia, PA 19122

$669,999
Price
7
Beds
5
Baths
2,700 Sq. Ft.
$248 / Sq. Ft.
2,700
Sq. Ft.
$248
per Sq. Ft.

Description

Cash Flowing Duplex - $3300/Month from 1st Unit, 2nd Unit for Living or Rent Current Cash Flow:
The first unit is already generating $3,300 per month in rental income. The second unit can be rented for additional revenue or lived in, giving you flexibility and immediate returns. Property Highlights:
10-Year Tax Abatement until 2033, reducing tax costs and increasing your returns
Proven rental history with over $6,000/month potential across both units
Location:
Located in the heart of Olde Kensington,
...Cash Flowing Duplex - $3300/Month from 1st Unit, 2nd Unit for Living or Rent Current Cash Flow:
The first unit is already generating $3,300 per month in rental income. The second unit can be rented for additional revenue or lived in, giving you flexibility and immediate returns. Property Highlights:

10-Year Tax Abatement until 2033, reducing tax costs and increasing your returns
Proven rental history with over $6,000/month potential across both units

Location:
Located in the heart of Olde Kensington, just a 4-minute walk from popular spots like Luna Cafe, Human Robot, and Sutton's Bar – perfect for socializing and enjoying the neighborhood. Only a 15-minute walk to the main corridor of Fishtown, offering easy access to trendy restaurants, shops, and entertainment. Unit 1 (4 Bed, 3 Bath):

Already generating $3,300/month in rent
Fully furnished
Lease in place for the upcoming year, ensuring steady cash flow

Unit 2 (3 Bed, 3 Bath):

Potential to rent for additional income or occupy as an owner
Designed with comfort and modern aesthetics in mind

Shared Backyard:

Expansive, fenced-in backyard shared by both units
Currently furnished and perfect for entertaining or relaxing

Interior Features:

Elegant European-style shaker cabinets
Modern stainless steel appliances
Luxurious custom bathrooms with high-end finishes
High-quality flooring throughout

Take advantage of this already cash-flowing duplex and seize a prime investment opportunity in Olde Kensington!
  1. Listed by Jarred Cury • Iron Valley Real Estate of Lehigh Valley
    P: (610)-462-6811 curyjarred@gmail.com

Property Details for 1722 North Marshall Street

Tax ID Number
201145301
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes
LISTING UPDATED: 10/16/2024 02:18 PM

Property Details for 1722 North Marshall Street

StatusActive
MLS #PAPH2396926
Days on Market32
Taxes$1,258 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1952
Lot Size0.03 AC / 1,486 SF
CountyPhiladelphia County

Building Information for 1722 North Marshall Street

Stories-Residences2Year Built1952Building Size-Lot Size0.03 AC / 1,486 SF

Property Information for 1722 North Marshall Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19122 (19122)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $89,900
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $71,920
  • City Town Tax: $553
  • Land Assessed Value: $17,980
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 132
  • School Tax: $704
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: Some
  • Units Leased Count: 1
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 4
  • Full Baths Count: 3
Unit 2
  • Type: Unit 2
  • Beds Total: 3
  • Full Baths Count: 2
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 87.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1389070
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Lehigh Valley Association of REALTORS

Property History for 1722 North Marshall Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1722 North Marshall Street

Taxable ValueLand$17,980Additions$71,920Total$89,900
Tax Record2023$1,258 ($105 / month)
Home Facts
Total Finished SqFt2,225 SqFtAbove Grade Finished SqFt2,225 SqFtStories3Lot Size1,486 SqFtStyleMulti-Family Res (5+ Units)Year Built1952ZoningRM1RSA5CountyPHILADELPHIAAPN20-1-1453-01

Schools near 1722 North Marshall Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ludlow James R School
PublicPK to 8

Penn Treaty Middle School
Public6 to 12

The U School: Innovative Lab
Public9 to 12

Bodine William W High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1722 North Marshall Street is a multi-family home for sale in Philadelphia, PA 19122. This property was listed for sale on September 24, 2024 by Iron Valley Real Estate of Lehigh Valley, it's currently listed at $669,999. It has been on the market for a total of 32 days and was last sold on August 1, 2023. This listing's school district is The School District of Philadelphia. Nearby schools include Ludlow James R School, Penn Treaty Middle School and The U School: Innovative Lab. 1722 North Marshall Street is a 7-bed, 5-bath, 2,700 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate of Lehigh Valley

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.