Investor alert: 1341 Marston is located in the coveted new Opportunity Zone. Investments made by individuals through special funds in these new zones would be allowed to defer or eliminate federal taxes on capital gains. One hundred billion dollars in capital are expected to spur development in these zones. This pristine 4720 SF 3/4-leased new construction quadplex in booming Brewerytown is developed by Argo Property Group, master builders of high quality multifamily properties in Philadelphia. Cash flow and appreciation are guaranteed from day one. Each 3bd/2ba unit contains over 1100 SF with open concept living, high-design interiors, hardwood floors, quartz countertops, pendant lights, high ceilings, modern appliances and conveniences throughout. This secure boutique building features striking exterior architecture set on a prominent corner lot. Washer/dryer combos in each unit. High efficiency HVAC and mechanicals. Low expenses. Tenants pay utilities. With over 50 new units on the block, 1341 Marston is surrounded by tastefully-designed new developments, common amenities, walkable retail and dining destinations on Girard Avenue, Fairmount Park greenery and great access to public/mass transportation. This limited investment opportunity provides a strong 6+ cap return with over 77k in projected NOI (net operating income). Pro forma financials and floorplans available upon request. Designed to for sale caliber specifications. 10 year tax abatement. 1 year builder warranty. Also available with 1219 27th, 1342 Marston, 1339 Marston as a 4 building package with 17 units total. 2018-12-27
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