516 N Preston St

Philadelphia PA 19104

3732 sq. ft.

1524 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

3732 sq. ft. floor area

1524 sq. ft. lot size

Duplex

Property history for 516 N Preston St

2019

Sold

$578,000

14 Jun 2019 by Thomas Dilsheimer, of The HOW Group Real Estate

2017

Sold

$475,000

27 Sep 2017 by Debbie Spaulder, of Kw Real Estate-Newtown

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