Bought with Stephen M Kennedy • KW Empower
$450,000
$464,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
413 N PRESTON ST Philadelphia, PA 19104
3,348 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $134
MLS Listing ID PAPH2568542
Sold Date 05/22/26
Style Other
Abv Grd Liv Area 3,348
Year Built 1915
Annual Tax Amount $12,136
Tax Year 2025
Lot Size 1,990 Sqft
Acres 0.05
Lot Dimensions 21.00 x 95.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
A rare opportunity to own a fully rented, well-maintained triplex in the heart of University City. Each of the three units offers 3 bedrooms and 1 bathroom, combining spacious layouts with updated finishes and consistent rental demand. Unit 1: $1,400/month, Unit 2: $1,565/month, Unit 3: $1,100/month. All leases are secured through July 2026, providing immediate and reliable cash flow from day one.
The property has been thoughtfully updated and cared for by ownership, ensuring smooth operation and low maintenance. Ideal for an investor seeking strong returns or an owner-occupant looking to live affordably, you can occupy one unit and let the other two cover your mortgage.
Located near UPenn and Drexel University, this property sits in one of Philadelphia's most desirable rental markets, surrounded by universities, hospitals, and public transportation.
Whether you're expanding your portfolio or searching for a smart house-hack opportunity, 413 Preston Street delivers dependable income and long-term appreciation potential.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Above Ground Finished SqFt 3348
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 061182900
Ownership Fee Simple
SqFt Source 3348
Special Listing Condition Standard
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