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Calling all investors! This spacious, newly updated Duplex in the heart of a University City Opportunity Zone is what you’ve been looking for! 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. Under the FHA 2 unit limit! 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!

Property Highlights

Type

Multi-Family

Style

Row/Townhouse, Other

Inside City

Not Specified, PHILADELPHIA

County

PHILADELPHIA

Property Details for 327 N PRESTON ST

327 N PRESTON ST is a multi-family for sale in Philadelphia, PA 19104. This 1980.00 SQFT multi-family sits on a 0.04 acre lot and features 0 bedrooms and 0 bathrooms. Built in , this multi-family has been on the market for a total of 2 months and is currently priced at $459,900.

Bedrooms

Two Bedroom Units
1

Other Rooms

Basement
Combination  /  Connecting Stairway  /  Outside Entrance  /  Partially Finished

Interior

Flooring
Carpet  /  Hardwood

Exterior

Spa
No
Roof
Rubber
Pool
No Pool

Heating & Cooling

Central Air
Yes
Cooling
Central A/C
Cooling Fuel
Natural Gas
Heating
Forced Air
Heating Fuel
Natural Gas
Water Heater
Natural Gas

Services

Municipal Trash Service
Yes
Water
Public
Sewer
Public Sewer

Parking

Parking
On Street

Building

Levels
3
Total SQFT
1980.00
Total Finished SQFT
2330
Above Grade Finished SQFT
1980
Below Grade Finished SQFT
350
Below Grade SQFT
700
Below Grade Unfinished SQFT
350
Property Sub Type
Multi-Family
Structure Type
Row/Townhouse
Architectural Style
Other
Accessibility Features
None
Other Structures
Above Grade  /  Below Grade

Construction

New Construction
No
Major Renovation
2019
Construction Materials
Brick  /  Brick Front  /  Masonry

Lot

Acres
0.04
Lot SQFT
1600.00
Zoning
RSA5
Zoning Description
Approved multifamily dwelling

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

County
PHILADELPHIA

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Address

Address
327 N PRESTON ST, PHILADELPHIA, PA 19104
Street Address
327 N PRESTON ST
City
PHILADELPHIA
Zip
19104
Latitude
39.95977402
Longitude
-75.20340729
State
PA

Pricing

Sale Type
Sale
Price
$459,900
Price Per SQFT
$232.27

Status

MLS ID
PAPH716768
Status
Active
Published Date
February 13, 2019
Modified Date
April 15, 2019 at 2:55 PM

Taxes & Assessments

City Tax
2397.00
County Tax
0.00
School Tax
2914.0
Tax Assessed Value
379400.0
Tax Lot
135
Tax Year
2019
City Tax Frequency
Annually
County Tax Frequency
Annually

Source

Agent
Michael D Phillips
Agent Phone Number
2677139616
Office
Keller Williams Philly
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information 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 on the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.