704 N Preston St, Philadelphia, PA 19104

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Sold Price
$325,000
List Price
$330,000
Status
CLOSED
Days on Market
24
Closing Date
Nov 17, 2025
MLS#
PAPH2532774
Subtype
Multi-Family
Style
Traditional
Year Built
1925
Living Area
1,896
Lot Size
1,592
Acres
0.04
Subdivision
Mantua
MLS Area Major
19104 (19104)

Property Description

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.

Additional Information

Interior Features
Tub Shower, Eat-in Kitchen, Wood Floors, Recessed Lighting
Taxes
$3,988
Property Description
Traditional
Zoning
RM1
Flooring
Simulated Wood, Tile
Appliances
Electric Range, Refrigerator, Stove, Water Heater
Heating
Forced Air
Air Conditioning
None
Roof
Flat
Foundation
Brick/Mortar
School District
Philadelphia City

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Listing courtesy of Keller Williams Real Estate - Newtown. Contact:

Selling Office: Real of Pennsylvania.