Address
2601 S Marshall Street Philadelphia, PA
Price
$ 369,900
Property Attributes
  • MLS#PAPH1011344
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19148
  • Zip19148
  • StyleContemporary
  • Year Built1925
  • Taxes$ 3756
  • Price$ 369,900
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
Space & Company
Data Source:
Bright MLS
Property Description

This duplex + garage and laundry room is in great modern condition and ready for its new owner! Perfect for either an investor or owner occupant, this building is located in a convenient area of South Philadelphia, close to shops and major highways, as well as public transportation. The first floor has a one bedroom apartment with tile floor and combo kitchen/living room. This unit is currently rented out on a month-to-month basis at $675/month with opportunity to raise the rent to a market rent of $800. Behind this unit is a laundry room for use of the tenants with storage area (opportunity to convert this to coin-operated machines for additional income), and to the rear of that is a 1-car garage, which is currently being rented on a month-to-month basis for $200/month. On the second floor, you will find a modern one bedroom apartment with hardwood floors, central air, modern kitchen and bath, and iron railings, as well as a rear patio over the garage. Since this is a corner property, there are lots of windows and natural light, and the open floor plan of the unit makes it easy to rent. Market rent for this property is around $1100/month. The tenants just moved out but it is being left vacant for now to allow for an owner occupant. This would be a great investment for a first-time homebuyer, who could live in the top unit, and have a portion of their mortgage covered by the first floor unit and garage income. The utilities (gas, electric) are separate and paid by the tenant. Landlord pays water/sewer. There is also a large unfinished basement, accessed from the exterior bilco door.

Price History
4/28/2021 Listed $369,900

General Features

Accessibility None
Appliances Refrigerator, Range Hood, Oven/Range - Gas, Washer, Dryer, Microwave
Architectural Style Contemporary
Basement Other
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 56
Flooring Ceramic Tile, Hardwood
Garage Spaces 1.00
Garage Y/N Yes
Heating Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features Combination Kitchen/Dining, Floor Plan - Open
MLS Area 19148 (19148)
Municipality PHILADELPHIA
New Construction No
Numberofunitsvacant 1
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 288.98
Property SubType Duplex
Property Type Multi-Family
PropertyCondition Excellent
Roof Flat
Sewer Public Sewer
Structure Type End of Row/Townhouse
Tax Annual Amount 3756.0
Tax Lot 91
Tax Year 2021
Total Units 2
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA5

Interior Features

Basement Y/N Yes
Central Air Y/N Yes
Furnished Units None
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 1280

Exterior Features

# Of Attached Garage Spaces 1
Garage Features Garage - Side Entry
Lot Dimensions 16.00 x 50.00
Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 800.00
Navigable Water Y/N No
Pool Y/N No Pool
Total Parking Spaces 1
Type of Parking Attached Garage, On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19148

Price
AVG $570K
$370K
Taxes
AVG $4,214
$3,756
Visits
AVG 98
18
Year Built
AVG 1922
1925