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$675,000
17 Days On Site

516 N PRESTON STREET
PHILADELPHIA, PA 19104

For Sale|Triplex|Active
4
Beds
0
Total Baths
3,732
SqFt
$181
/SqFt
2009
Built
Subdivision:
POWELTON VILLAGE
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC
Call Now: (703) 898-3565
Is this the listing for you? We can help make it yours.
(703) 898-3565
516 N PRESTON STREET516 N PRESTON STREET516 N PRESTON STREET516 N PRESTON STREET
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Fantastic Investment or Owner-Occupant Opportunity! Don’t miss this well-maintained triplex in the thriving West Powelton neighborhood, offering a combination of existing rental income and flexibility for an owner-occupant or investor. The property features three units with a total of eight bedrooms. The spacious bi-level four-bedroom, two-bath unit includes a kitchen, two living areas, and a private patio. The second and third floors each feature an updated two-bedroom, one-bath apartment. One of the three units is currently vacant, providing an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other two, or for an investor to lease all three units and maximize the property's income potential. Each apartment features hardwood and ceramic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning. Recent improvements include newer HVAC systems in Units A, B, and C, vinyl siding, a new water service line, a new dishwasher in Unit A, and a new range and microwave in Unit C. Ideally located in West Powelton, the property is just minutes from the University City Science Center, Drexel University, and the University of Pennsylvania, as well as numerous dining, coffee, and entertainment options. Multiple SEPTA transportation options provide convenient access throughout the city, while Center City is less than ten minutes away by car or bicycle. Whether you're looking for an income-producing investment, an owner-occupied property with rental income to offset your housing costs, or an opportunity to lease all three units, this versatile triplex offers an attractive combination of location, functionality, and upside potential.

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Listing Snapshot
Price 
$675,000
Days On Site 
17 Days
Bedrooms 
4
Inside Area (SqFt) 
3,732 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
2009
MLS Number 
PAPH2675564
Status 
Active
Property Tax 
$8,016
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
2 weeks agoListing first seen on site
General Features
Acres 
0.03
Foundation 
Concrete Perimeter
Parking 
On Street
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2832
SqFt Below 
900
SqFt Total 
3732
Style 
Traditional
Water Source 
Public
Zoning 
RSA5
Interior Features
Appliances 
Electric Water HeaterWasherDryer
Basement 
FinishedFull
Cooling 
Central AirElectric
Flooring 
Hardwood
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick VeneerVinyl Siding
Pool Features 
None
Roof 
Flat
Community Features
MLS Area 
19104 (19104)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Pennsylvania, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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