Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,896
Amazing Investment opportunity with this well maintained Triplex at 704 N Preston St. This 3 Unit building is move in ready and and has 1 vacant unit perfect for owner occupant. As you enter the property the vacant first floor unit offer a large living room flooding with natural light, cherry bamboo flooring, 2 bedrooms, kitchen with electric cooktop, tiled bath and access to rear fenced in yard. First floor also has access to unfinished basement. The basement is set up with three electric waterheaters (one for each unit) and three electric meters. Headed to the second floor you will find the occupied 1 bedroom unit with a spacious living-room, eat in kitchen, remodeled tile bath with tub, and spacious 1 bedroom. The third Floor is also occupied and is a studio offering kitchen, cherry bamboo flooring, bathroom and main space used as a bedroom. This property is forced air, NEW ROOFS installed in 2025 (Main roof and Porch Roof) This property is zoned correctly RM1 which makes it a no hassle investment in the City of Philadelphia. Right off of Fairmount Ave makes this location desirable and an easy commute for students attending Drexel University & University Of Penn. You are within close proximity to the Philadelphia Art Museum and Center City. This location offers public transit & a short drive to major highways such as I95, The Expressway & I76. There is new construction in every direction and this area has been the newest area of focus for investors over last few years. Do not miss out on an incredible opportunity like 704 N Preston St.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Recessed Lighting
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
1896.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
None, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$330,000
-
Tax Amount
3988.0
-
Sq. Footage
1, 896
-
Price/SqFt
$174
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
146
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Alexa N Smith , Keller Williams Real Estate - Newtown
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TheresaKehler
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