Photo of 327 N Preston Street, Philadelphia PA
     
327 N Preston Street
Philadelphia, PA 19104
19104 West Philadelphia Mantua
The School District Of Philadelphia
Philadelphia County
Asking Price$499,000
  Sale Pending  
# of Units2
2 Bdrm Units1
Acres0.04
Interior SqFt2,732
Age108
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2023)5,636

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!

Room Sizes

Location


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

Details
Parking - Public, On Street
Flooring - Hardwood, Carpet
Basement - Combination, Connecting Stairway, Outside Entrance, Partially Finished
Interior Features - Wood Floors, 2nd Kitchen
Exterior Features - Masonry
Cooling - Central A/C, Natural Gas
Heating - Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.959770
Longitude : -75.203400
EveryHome Number : APH223-30524
Listing Courtesy Compass Pennsylvania, LLC
Zoning Designation RSA5