Features & Amenities

Interior

  • Total Bedrooms

    4

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Architectural Style

    Traditional

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer, Vinyl Siding

  • Parking

    On Street

Financial

  • Sales Price

    $725,000

  • Tax Amount

    7418.0

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Location

County

PHILADELPHIA

Elementary School

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Listing Courtesy of Jordan B Wiener , Compass Pennsylvania, LLC

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TheresaKehler

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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.

516 N PRESTON STREET

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