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Photo of 37 N Preston Street, Philadelphia PA
37 N Preston Street
Philadelphia, PA 19104
# of Units
3
2 Bdrm Units
3
Acres
0.04
Interior SqFt
3,544
Age
19
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
10,498
Additional Details Below

Description

37 N Preston St is a turnkey, cash-flowing legal triplex located in one of Philadelphia’s fastest-growing rental corridors. Grossing approximately $5,000 per month, this fully occupied multi-family investment offers the perfect blend of strong in-place income, long-term appreciation potential, and true passive cash flow. Featuring three separately metered units, this income-producing asset is ideal for both seasoned investors and owner-occupants looking to house hack while building wealth Positioned in the heart of West Philadelphia near University City, Drexel University, UPenn, major hospitals, public transportation, and Center City access, this high-demand location continues to attract quality tenants year after year. Investors will appreciate the legal triplex zoning, strong rental performance, low vacancy potential, and scalable upside in an area experiencing continued redevelopment and rising property values. The property offers spacious unit layouts, excellent tenant appeal, and a compelling cap rate opportunity in a market where true turnkey multi-family assets are becoming increasingly scarce. Whether you’re looking to expand your portfolio, execute a buy-and-hold strategy, or secure a high-yield asset in a rapidly appreciating neighborhood, 37 N Preston St checks every box. Opportunities like this do not come around often — stable cash flow, prime location, and serious upside potential all in one package.

Location

Listing Details

Property Information

Summary
Architectural Type

Traditional

Interior Features
Basement

Fully Finished, Stone

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Electric

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 : 39.958650
Longitude : -75.203270
MLS# : PAPH2619238
Views : 114
Listing Courtesy: Eric Land of KW Empower

Notes

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