1230 N MARSHALL ST

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1230 N MARSHALL ST

PHILADELPHIA, PA 19122
Asking Price
$1.37M
Cap Rate
7.06%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Philly CRE Advisors Proudly Presents 1230 N Marshall St <p><strong style="color: rgba(0, 0, 0, 1)">• 2024 New Construction Multifamily Asset in Olde Kensington</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">• Fully Occupied with Strong Market-Rate Tenancy </strong></p><p><strong style="color: rgba(0, 0, 0, 1)">• 7.06% Cap Rate | $96K+ NOI | 1.21 DSCR</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">• ~8 Years Remaining on Full 10-Year Tax Abatement</strong></p><p><strong style="color: rgba(0, 0, 0, 1)">• Steps from Girard Ave, Fishtown

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NOI
$80,000
Cap Rate
5.84%
DSCR
0.98
Underwater
Cash-on-Cash
-0.33%
Monthly Payment
$6,778.013
Annual Cash Flow
$-1,336.15

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