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516 N PRESTON STREET
PHILADELPHIA PA 19104 US

$725,000

Active Listing ID PAPH2413020
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Lot: 0.03 Acres
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Other

$725,000

Active Listing ID PAPH2413020
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516 N PRESTON STREET Fantastic Investment Opportunity! Don’t miss this fully rented triplex with excellent cash flow and low annual expenses. This property features three units with a total of eight bedrooms: a spacious bi-level four-bedroom, two-bath unit complete with a kitchen, two living areas, and a private patio. The second and third floors offer two updated two-bedroom, one-bath units. Each apartment boasts hardwood and ceramic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning. Recent upgrades include: newer HVAC units (units A, B, and C), vinyl siding, new water service line, new dishwasher (Unit A), new range and microwave (unit C). Located in the thriving West Powelton neighborhood, this property is strategically positioned near the University City Science Center, Drexel University, and the University of Pennsylvania, along with a variety of dining and coffee options. With multiple convenient SEPTA transportation options available, it is less than ten minutes by car or bicycle to Center City—an undeniable opportunity for any investor.

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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 725000
  • unparsedaddress: 516 N PRESTON STREET
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19104
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.03
  • lotsizeunits: Acres
  • lotsizearea: 0.03
  • livingarea: 3732
  • livingareaunits: Square Feet
  • latitude: 39.96187
  • longitude: -75.20413
  • listagentfullname: Jordan Wiener
  • listagentemail: jordanwienerrealtor@gmail.com
  • listagentkey: 3yd-TRENDPA-3150914
  • listagentmlsid: 3150914
  • listagentpreferredphone: 6105202215
  • listagentofficephone: 6108223356
  • listofficekey: 3yd-TRENDPA-COMPASS2
  • listofficemlsid: COMPASS2
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 2009
  • listingcontractdate: 2024-10-23
  • listagenturl: https://www.compass.com/
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • middleorjuniorschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • highschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • cooling: Central A/C
  • constructionmaterials: Vinyl Siding
  • heating: Forced Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: New Traditional
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -75.20413, 39.96187
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jordanwienerrealtor@gmail.com", "ListBrokerageCity":"New York", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"10011", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":"Floor 3", "ListBrokerageUnparsedAddress":"90 Fifth Avenue", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"4 E. Montgomery AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Ardmore", "ListOfficeCountry":"US", "ListOfficeEmail":"marianne.dillon@compass.com", "ListOfficePostalCode":"19003", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Traditional, End Of Row/Townhouse - PHILADELPHIA, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/516-N-Preston-St_Philadelphia_PA_19104_M35531-27138?f=listhub&s=TRENDPA&m=PAPH2413020&c=rexren", "MLSModificationTimestamp":"2024-12-03T10:34:37Z", "Neighborhoods":[{"Description":null, "Name":"PHILADELPHIA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7418, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/3/2024 6:08:04 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Jordan Wiener, Compass Pennsylvania, LLC, jordanwienerrealtor@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.