PA
PHILADELPHIA
PHILADELPHIA
19104
516 N PRESTON STREET
516 N PRESTON STREET, PHILADELPHIA, PA 19104
Listing Type
Multi Family
Listing Status
active
12
$725,000

Home Details for 516 N PRESTON STREET

Price
$725,000
Type
Residential Income
Bedrooms
4
Bathrooms
0.0
Square feet
3732
Year built
2009
Lot size acres
0.03
County
PHILADELPHIA
Garage
Basement
Finished, Full
Days on site
89
MLS Listing#
PAPH2413020
Listing courtesy: Compass RE - 610-822-3356
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Basement
    • Finished
    • Full
  • Water Features
    • Public
  • Parking
    • On Street
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Last Updated: 2024-12-19 02:55:17
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Market statistics compiled from data from Bright MLS.
EXIT FIRST REALTY
2139 Espey Court, Suite #1, Crofton, MD 21114
Tracey Young
Sales Rep.
Office
301-352-8100
Agent
240 619 9462
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