2601 S MARSHALL ST, Philadelphia, PA 19148
2601 S MARSHALL ST, Philadelphia, PA 19148
2601 S MARSHALL ST, Philadelphia, PA 19148
2601 S MARSHALL ST, Philadelphia, PA 19148
2601 S MARSHALL ST, Philadelphia, PA 19148
2601 S MARSHALL ST, Philadelphia, PA 19148
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Listed by Rachel Street • Compass Pennsylvania, LLC
$ 275,000
Est. payment | /mo

1,280 SqFt


Save
$ 275,000
Est. payment | /mo
Save

1,280 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $214

Subdivision Philadelphia (South)

MLS Listing ID PAPH2667294

Style Contemporary

Abv Grd Liv Area 1,280

Year Built 1925

Annual Tax Amount $3,050

Tax Year 2026

Lot Size 800 Sqft

Acres 0.02

Lot Dimensions 16.00 x 50.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Modern corner legal duplex in South Philly available for sale! This building consists of two one-bedroom units and a garage. The first floor unit consists of one bedroom and one full bathroom, with new white Shaker-style kitchen and bath, tile floors and ground floor entrance. The tenant recently moved out and this unit has been renovated and left vacant for the sale, but projected rent is $1250. On the second floor, you'll find a bright and sunny second floor one-bedroom apartment with central A/C. This large modern apartment features lots of windows and natural light and has its own separate entrance from the side of the building. Head up the stairs into the open floor plan living/dining/kitchen area, with hardwood floors, ceramic tile, and iron railings. The modern kitchen has wood cabinets, range, microwave and fridge. Off the kitchen is an outdoor patio area above the garage below. Beyond the living room is a very large bedroom and a full bathroom is located just off of the living area. This unit has been rented for several years at $1125 to a long-term tenant without any increases in rent, but market rent is around $1400. Additionally, there is a 1-car garage with is rented on a month-to-month basis at $300/month. There is a shared laundry room on the first level for use of both tenants. Utilities are separate. Fantastic building in great condition, close to major highways and shopping centers. This would be a solid investment in a easy-to-rent area- using current rental rates it is almost an 8% cap rate, but using market rents and current expenses, its a 10.48% cap! This would also be perfect for an owner occupant or first-time homeowner- live in one unit and have the other unit and garage help pay your mortgage!!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Rooms

Basement Other, Walkout Stairs, Outside Entrance, Unfinished

Interior

Interior Features Combination Kitchen/Dining, Floor Plan - Open

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile, Hardwood

Inclusions appliances in apartments

Equipment Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked

Furnishings No

Appliance Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked

Heat Source Natural Gas

Laundry Shared, Lower Floor

Exterior

Exterior Feature Deck(s)

Parking Features Additional Storage Area, Garage - Side Entry

Garage Spaces 1.0

Water Access N

Roof Type Flat

Accessibility None

Porch Deck(s)

Attached Garage 1

Total Parking Spaces 1

Garage Y

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 1280

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 393133205

Ownership Fee Simple

SqFt Source 1280

Acceptable Financing Cash, Conventional, FHA, VA, Other

Listing Terms Cash, Conventional, FHA, VA, Other

Financing Cash,Conventional,FHA,VA,Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2601 S MARSHALL ST