327 N Preston Street

    PHILADELPHIA, PA 19104
    • $459,900
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: PAPH716764
    UPDATED: 35 min ago
    $459,900
    • 6
      BEDS
    • 0.04
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Villa/Townhouse
    County:

    School Ratings & Info

    Description

    Calling all investors and home buyers! This spacious, newly updated Duplex in the heart of a University City Opportunity Zone is what you've been looking for! Great for an occupant looking to offset their expenses with a second unit! Under the FHA limit for a two unit. Get into the thriving University City market at an 8% cap rate with this cash flowing investment property. Great for an investor or an owner occupant looking to cover mortgage payment with rent. These units are blocks from UPenn, Penn Presby and Drexel with new construction all around! Two blocks away from the 40th Street Market-Frankford Line subway stop (6 min ride to City Hall!). Benefit from the best of what University City has to offer with easy access to campus, restaurants, bars, shops, a movie theater, co-working spaces and a grocery store. There are two police stations within a few blocks and regular university security patrols. The first floor unit is a 2 bedroom with a large basement, deck and yard. Upstairs, enter into a newly updated bi-level 4 bedroom, 2 full bathroom space with new flooring, paint, and upgrades throughout! High ceilings, great natural light and a completely brand new roof! This unit boasts private outdoor space on a 2nd floor deck, perfect for entertaining. Both units have in-unit washer/dryer and separate utilities. This incredible investment opportunity will not last long!

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-04-22T17:56:07.857.
    www.execuhome.com/homes/91809594

    327 N Preston Street PHILADELPHIA, PA 19104

    • Price: $459,900
    • Status: Active
    • Updated: 35 min ago
    • ID#: PAPH716764
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.04
    Acres
    Neighborhood:
    University City
    County:
    Philadelphia
    Area:
    19104 (19104)
    School District:
    The School District Of Philadelphia
    Property Description
    Calling all investors and home buyers! This spacious, newly updated Duplex in the heart of a University City Opportunity Zone is what you've been looking for! Great for an occupant looking to offset their expenses with a second unit! Under the FHA limit for a two unit. Get into the thriving University City market at an 8% cap rate with this cash flowing investment property. Great for an investor or an owner occupant looking to cover mortgage payment with rent. These units are blocks from UPenn, Penn Presby and Drexel with new construction all around! Two blocks away from the 40th Street Market-Frankford Line subway stop (6 min ride to City Hall!). Benefit from the best of what University City has to offer with easy access to campus, restaurants, bars, shops, a movie theater, co-working spaces and a grocery store. There are two police stations within a few blocks and regular university security patrols. The first floor unit is a 2 bedroom with a large basement, deck and yard. Upstairs, enter into a newly updated bi-level 4 bedroom, 2 full bathroom space with new flooring, paint, and upgrades throughout! High ceilings, great natural light and a completely brand new roof! This unit boasts private outdoor space on a 2nd floor deck, perfect for entertaining. Both units have in-unit washer/dryer and separate utilities. This incredible investment opportunity will not last long!
    Exterior Features

    Architectural Style Other Construction Materials MasonryBrickBrick Front Direction Faces West Garage YN No Other Structures Above GradeBelow Grade Parking Features Public Parking Types On Street Pool No Pool Property Condition Average+ Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Basement Partially Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 1980.00 Cooling Central A/C Fireplaces Total 0 Flooring HardwoodCarpet Heating Forced Air Heating YN Yes Inclusions All Existing Appliances And Systems Interior Features Wood Floors2Nd Kitchen Laundry Type Has Laundry Levels 3+ Main Level Bedrooms 2 Upper Level1 Bedrooms 2

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2019 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Cross Street Powelton Ave Entry Level 1 Heating Fuel Natural Gas Historic YN No Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 301440802053 Ownership Interest Fee Simple Possession 0-30 Days CdNegotiable31-60 Days Cd Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 5311.0 Tax Assessment Amount 379400.0 Tax Lot 135 Total Actual Rent 46500.00 Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning Rsa5 Zoning Description Approved For Multifamily

    Listing courtesy of Keller Williams Philly.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-04-22T17:56:07.857.
     
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