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322 N Preston Street

PHILADELPHIA, PA 19104
  • $428,000
  • STATUS: Active
  • ON SITE: 309 Days
  • ID#: PAPH2142324
UPDATED: 58 min ago
$428,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,060
    SQFT
  • $208
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

Great Multi-family (3 units) Investment Property!!! It will bring the most income uses as student housing or professional people. Or live in one uint and collect rent from other two units. Total 6 bedrooms, 6 bathrooms and 3-floor. Each uint/floor has 2bedrooms,2 full bathrooms and a kitchen.Rental Return is about 9%. Each room can rent about $700 -$750 monthly, or $1500 per uint, so total rent is more than $50k per year. Low property tax, annually is $3,264 in 2022. All utilities are separate except for the water. All 6 bedrooms have its own bathrooms, can be rented separately to six individuals. The sellers have spent a lot of money to remodel. The property is ready for moving in or renting. Three newly installed (3-zoned) central AC; 3 electric meters and 3 gas meters. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. House is sold AS-IS.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
www.mymarylandrealestate.com/homes/131175903
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322 N Preston Street PHILADELPHIA, PA 19104

  • Price: $428,000
  • Status: Active
  • On Site: 309 Days
  • Updated: 58 min ago
  • ID#: PAPH2142324
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,060
SQFT
$208
$/SQFT
1915
Built
Neighborhood:
Powelton Village
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Great Multi-family (3 units) Investment Property!!! It will bring the most income uses as student housing or professional people. Or live in one uint and collect rent from other two units. Total 6 bedrooms, 6 bathrooms and 3-floor. Each uint/floor has 2bedrooms,2 full bathrooms and a kitchen.Rental Return is about 9%. Each room can rent about $700 -$750 monthly, or $1500 per uint, so total rent is more than $50k per year. Low property tax, annually is $3,264 in 2022. All utilities are separate except for the water. All 6 bedrooms have its own bathrooms, can be rented separately to six individuals. The sellers have spent a lot of money to remodel. The property is ready for moving in or renting. Three newly installed (3-zoned) central AC; 3 electric meters and 3 gas meters. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. House is sold AS-IS.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2060 Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel Natural Gas Cross Street Powelton Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801756631642 Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 3264.00 Tax Assessment Amount 233200.00 Tax Lot 100 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Cornerstone Realtors: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108