$400,000
 $2,147 est/mo Sourced by Back At You

830 N Preston St,PHILADELPHIA, PA 19104

PHILADELPHIA, PA 19104

Share with a friend

Description

Fully Leased Triplex | Great Rental Income | Prime House-Hack OpportunityInvest smart in the heart of West Philadelphia with this income-producing gem in Mantua830 N Preston St, a fully leased triplex offering strong cash flow, guaranteed Section 8 rent in one of three units, and the rare potential to live in one unit (if you choose), while tenants rental payments offset your monthly mortgage payment. Step into a well-maintained, & professionally managed building with three separate unitsone 1-bedroom, and two 2-bedroom units, each offering a full bath, washer/dryer, and bright, spacious layouts that tenants love. Each apartment has GREAT tenants and welcomes you with large, sun-filled windows, open-concept living and kitchen areas that feel modern and functional. Kitchens are designed for practicality, with wood cabinetry, gas ranges, microwaves, and full-size refrigeratorsperfectly suited for long-term tenants or an owner-occupant. Bedrooms are generously sized, filled with natural light, and offer solid closet space, while clean, modern bathrooms ensure each unit is fully self-sufficient. 1 of the 3 units are leased through Section 8, offering dependable, government-backed paymentsa key asset in today’s rental market. Safety and security are also covered with a building-wide fire alarm system, giving peace of mind to both tenants and owners alike. But here's the real opportunity: If you're looking to break into the market, why not house-hack? Live in one unit, and let the other two offset your monthly mortgage payment. (If you utilize FHA financing, you may be able to purchase with as little as 3.5% down!)The location is unmatched. Situated in the up-and-coming Mantua neighborhood, you're minutes from Drexel University, University of Pennsylvania, the Philadelphia Zoo, and everything University City and Center City have to offer. Transit, nightlife, green spaces, and cultureall at your doorstep. This is the kind of property investors salivate forsecure income, strategic location, and flexibility to grow with your goals. Whether you're just starting out, building a portfolio, or stepping into homeownership the smart way, 830 N Preston St is ready to perform for you. Schedule your private showing todayand step into a future where your property pays you.

Details

MLS#PAPH2468330
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive-bright
Year1915
Days On Site19
Listing Provided ByHomeSmart Realty Advisors | Andre Richardson

Features

SQ Feet2,003
Story(s)3
Units3
ZoningRSA5
Acreage0.03
Water FrontYes

Market Activity 19104

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Request a showing

Request a showing

Loading Form
Listings Checked: 31 minutes ago
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Community NameMANTUA
School DistrictPHILADELPHIA CITY
Listing VS Median (in MANTUA)
Price:
$400,000
low | high
Med:
$185,000
100% of Average
SqFt:
2,003
low | high
Med:
998
100% of Average
$ / SqFt:
$200
low | high
Med:
$185
57.138442684766% of Average
On site:
19
low | high
Med:
129.500000
14.671814671815% of Average
Sourced by Back At You
Listing Updated: April 24, 2025 at 7:37:28 AM PDT