No Longer Available

Photo of 327 N Preston Street, Philadelphia PA
327 N Preston Street
Philadelphia, PA 19104
# of Units
2
2 Bdrm Units
1
Acres
0.04
Interior SqFt
2,732
Age
108
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
5,636
Additional Details Below

Description

University City is being called the new Center City by many local publications and a drive around this area will make the reason for that clear! Cash flow immediately and participate in the huge appreciation that this area has seen in recent years as the highly anticipated uCity Square project featuring 8 million square feet of new office, lab, medical, academic, residential and commercial space is in progress just blocks away. This is a fantastic opportunity for investors looking for both stability and long term upside or savvy owner-occupants looking to offset their housing costs with rent and lock in the unique financial benefits of owning an investment like this with owner financing. STARTING NOVEMBER 2023, OWNER OCCUPANTS HAVE ACCESS TO FANNIE MAE 5% DOWN LOANS ON 2-4 UNITS. This features two spacious units offering comfortable and stylish living spaces with in-unit washer/dryer and separate utilities. The property boasts beautiful hardwood flooring and plenty of natural light. The first floor unit has an open living room, dining area, a fully equipped kitchen, two generously sized bedrooms and one full bathroom with ample closet space, a large basement, deck and huge yard. The second floor unit offers a similarly impressive layout, with four bedrooms, two full bathroom, an open-plan living area that includes a kitchen and a dining area, high ceilings, great natural light and private outdoor space on a 2nd floor deck, which is perfect for entertaining. This property is situated in a prime location, just steps away from the bustling University City neighborhood, with easy access to local shops, restaurants, and entertainment options. It's also conveniently located near several top-tier universities, including the University of Pennsylvania and Drexel University. Don't miss this opportunity to invest in an excellent building in a prime location. Schedule a showing today!

Location

Driving Directions

Between 40th and 41st St just off of Powelton Ave, a couple of blocks from 40th and Market St. Subway line

Listing Details

Summary
Parking

Public, On Street

Interior Features
Flooring

Hardwood, Carpet

Basement

Combination, Connecting Stairway, Outside Entrance, Partially Finished

Interior Features

Wood Floors, 2nd Kitchen

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Natural Gas

Heating

Forced Air, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rsa5
Lattitude : 39.959770
Longitude : -75.203400
MLS# : PAPH2234218
Views : 108
Listing Courtesy: Michael Phillips of Compass Pennsylvania, LLC

Notes

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