1329-31 N MASCHER ST Philadelphia, PA 19122

210364233 39.971397 -75.13706 230 /listing/210364233-150109488/1329-31-n-mascher-st-philadelphia-pa-19122 False 0 1675000.0 7000 105 1001877930 False
  • $1,675,000
  • 7,000 sqft
  • 0.07 lot
  • Est payment $8991.76/mo

Property & Neighborhood Info

Courtesy Of BHHS Fox & Roach-Center City Walnut

Multi Family in PHILADELPHIA

Welcome to "FISHTOWN FLATS," a boutique collection of four well-appointed 2bd/2ba+ spacious apartment residences in the coveted FISHTOWN section of Philadelphia, named by FORBES as "the hottest area in America." This prominent four-story +/-7,000 SF building is developed by Philly's preferred builder of high-quality townhomes and condos, Riverwards Group. With 1,438-1,964 SF of open concept living space, residents at Fishtown Flats will comfortably enjoy the modern convenient lifestyle in Philly's hippest 'hood. 5-minute walk to prime Fishtown amenities like La Colombe, Frankford Hall Beer Garden, Wm. Mulherin's Sons, Front Street Cafe and more. Transit-oriented development (TOD) located within .2M of SEPTA's Market-Frankford El train into Center City. Attention to detail is present in each of the four units, with gourmet kitchens, dining rooms, living rooms, powder rooms (Units C+D), master suites with en suite bathrooms and walk-in closets and large spare bedrooms with accompanying full baths. Units C+D offer panoramic skyline roofdecks with sweeping city views, great for outdoor entertaining. Unit 1 offers a spacious rear yard. Features, finishes and fixtures (FFF) include authentic wide-plank hardwood flooring, custom cabinetry, deluxe stainless-steel matching appliances, oversized windows, quartz countertops, dramatic ceiling heights, spa-like bathrooms, designer tile selections, unique hardware and more. UNIT MIX: UNIT A: 1964 SF, 2bd/2ba, yard, Media/office rooms double as bedrooms, projected rent 2500/mo ~ UNIT B: 1438 SF, 2bd/2ba, full floor, projected rent 2100/mo ~ UNIT C: 1545 SF, 2bd/2.5ba, Bi-level, Roofdeck, projected rent 2500/mo ~ UNIT D: 1550 SF, 2bd/2.5ba, Bi-level, Roofdeck, projected rent 2500/mo. Projected rent roll = 9600/mo (115,200/yr), Projected expenses = 17,000/yr, Projected NOI = 98,000, Pro forma cap rate = +/-6, Sales price per unit (PPU) = 418,750. Common area includes bike storage, trash collection, patio, entry system. 10yr tax abat

Courtesy Of BHHS Fox & Roach-Center City Walnut
  1. 7,000 Sq. Ft.
  2. 0.07 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1935
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: Philadelphia
  • Taxes: $2,581.00
  • Tax Year: 2018
  • Units: 4
  • Subdivision: Fishtown
  • MLS Number:1001877930

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Natural Gas
  • Flooring:
    • Wood
  • Interior Features:
    • CeilngFan(s)
    • Sprinkler System
  • Water Heater:
    • Natural Gas
  • Rooms:
    • Master Bedroom
  • Laundry:
    • Dryer In Unit
    • Washer In Unit
  • Fireplace Y/N:
    • No
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 6971.00
  • New Construction:
    • Yes
  • Water Source:
    • Public
  • Windows:
    • Energy Efficient
  • Waterfront:
    • No
  • Heating:
    • Gas
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Security Features:
    • Security System
  • Water Access:
    • No
  • Gross Income:
    • 115200.00
  • List Type (Exclusive):
    • Exclusive Right To Sell
  • Rental Features:
    • No
  • # of Rooms:
    • 0
  • Addnl Marketing Remarks:
    • Developed by LEED-certified green builder.
  • Gross Expenses:
    • 18581.00
  • MLSSystem ID:
    • TREND
  • Other Expense:
    • 16000.00
  • Possession:
    • 90-120 Days CD
  • Price Per SQFT:
    • 239.29
  • Unit 1 Bed Total Units:
    • 0
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Christopher Artur
Christopher Artur
Broker/Owner

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1329-31 N MASCHER ST Philadelphia, PA 19122

210364233 39.971397 -75.13706 230 /listing/210364233-150109488/1329-31-n-mascher-st-philadelphia-pa-19122 False 0 1675000.0 7000 105 1001877930 False
  • $1,675,000
  • 7,000 sqft
  • 0.07 lot
  • Est payment $8991.76/mo