2438 N Mascher St Global Luxury


    Philadelphia - Lower North, PA 19133
    North Philadelphia East Philadelphia City School District
    • 6 bed
    • N/A sq ft
    • N/A / sq ft
    • MFR
    • Lot Size 871 sq ft
    • Built 2022
    For Sale:$650,000
    $2,536/mo
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    Calling all investors! Situated on a unique 18 foot wide lot, this thoughtfully designed new construction duplex presents a rare opportunity to acquire a high performing asset in one of Philadelphia's fastest growing sub-markets. The building will be part of the last wave of assets to deliver that offers the full 10-year tax abatement. Additionally, the location of this asset qualifies the building for highly sought after QOZ benefits. One year builders warranty included. Each unit offers a functional floorpan, 3 equally sized bedrooms, 3 full bathrooms, a large kitchen island, upgraded stainless steel appliance packages, washer/dryer, and private outdoor space including a rear patio, second level deck, and street to street roofdeck. A projected 6.94% cap rate was determined based on conservative rent projections and closed market comps. Located just a few blocks from the Eastern half of the Temple University off-campus housing community and only a short 5-minute walk to Fishtown hotspots like Rowhome Coffee, Philly Brewing Co, and Pizza Brain - this duplex will appeal to student renters and young professionals alike reducing vacancy risk for the next investor. This multi-family build also creates a nice opportunity for an owner occupant investor that wishes to live in one unit, rent out the other while taking advantage of primary residency financing. *Note: Many assets to be delivered in 2023 and later will only qualify for the new "step down" abatement, which reduces its' benefit each year by 10%. This property will have taxes abated for the full 10 year term. 2438 N Mascher can also be included as part of a package sale with 2453 N 6th and/or 2513 N 7th. Ask your agent to review all digital material and documentation prior to touring. Projected annual income is $53,040. Listing agent underwriting attached for reference purposes only.

    MLS #PAPH2180436, Listed on 11/25/22 by CAMERON CROSSLEY, COLDWELL BANKER REALTY

    Walk Score®: The Walk Score for this address is out of 100. Walk Score measures the walkability of any address using a patented system. Visit the Walk Score website for more information.
    Last Checked For Updates: We update property info including price, photos, sale status and more as soon as it’s available. ago Status: new-construction Views: 7
    9/10" Popularity is a measure of how many people have viewed a particular property on the Coldwell Banker website relative to how many people have viewed other properties in the area within the last 30 days. We use a scale of 1-10, with 10 indicating the highest level of interest.

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    Popularity: 10/10
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    Popularity: 1/10

    Listing Information for 2438 N Mascher St

    Exterior Features

    • Siding
      Frame
      Vinyl Siding
    • Other Buildings
      Above Grade
      Below Grade
    • Roof Type
      Fiberglass
    • Lot Size
      871 Sq. Ft.
    • Foundation
      Permanent

    Utilities

    • Heating
      Central
      Electric
    • Sewer
      Public Septic
    • Cooling
      Central A/C
    • Water
      Public

    Schools

    • School District
      THE SCHOOL DISTRICT OF PHILADELPHIA

    Additional Information

    • County
      Philadelphia
    • Assessments
      0
    • Listing Broker
      COLDWELL BANKER REALTY
    • MLS Status
      ACTIVE
    • Property Sub-type
      Duplex
    • Zoning
      RSA5
    • Listing Agent
      CAMERON CROSSLEY
    • Buyer’s Brokerage Compensation
      2.5
    • Current Taxes
      153
    • Directions to the Listing
      Turn right on Mascher if traveling eastbound on Cumberland
    • Originating MLS
      BRIGHT

    Home Value Estimates

    Sorry! We don't currently have any home value estimates for 2438 N Mascher St

    Price History for 2438 N Mascher St

    Price History Of Property
    Date Event Price Source
    11/25/22 New Listing $650,000 BRIGHTMLS

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    Listing Agent

    Cameron Crossley
    • 610.468.7733
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    Nearby Homes For Sale

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    This Single Family home for sale is currently listed for $650,000. It was built in 2022. It has been on Coldwell Banker for 75 days. This listing is provided courtesy of COLDWELL BANKER REALTY. Looking for more homes for sale near this one? View all Philadelphia - Lower North, PA homes and connect with local real estate agents.