Homes for sale - 631 N PRESTON ST, Philadelphia, PA 19104

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Blackwell Real Estate

info@bremove.com +1(443) 221-4120

$970,000

Est. payment - /mo

3,703 SqFt

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Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,703 sqft

Price per Sqft $261

MLS Listing ID PAPH2464282

Style Contemporary

Abv Grd Liv Area 3,703

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $1,233

Tax Year 2024

Lot Size 1,711 Sqft

Acres 0.04

Lot Dimensions 16.00 x 104.00

Property Sub-Type End of Row/Townhouse

Property Description

Welcome to 631 N Preston! Embrace this amazing NEW CONSTRUCTION QUADUPLEX - 4 UNITS -offering a perfect blend of modern comfort and classic design. Completed JUNE 2024 this building features a 10 Year Tax Abatement. Boasting versatile two 2-bed, 2-bath units on the second & third floor, with third floor unit featuring a massive outdoor roof-deck. Also complemented by 2 more bi-level units on first and lower level. One unit features a 1-bed 1-bath apartment while the other is currently set up as commercial space with the ability to be converted into a unit. The open-concept kitchen and living areas create a welcoming atmosphere, characterized by thoughtful layouts. This property caters to the first-time homebuyer, or savvy investor. 10 YEARS TAX ABETMENT! Unit 1 currently rented at $1550 Unit 2 currently rented at $1775 Unit 3 which features large roof deck currently vacant for possibility of owner occupant investors projected rent $2300. 4th unit currently vacant. Additional perks the property's location within a Qualified Opportunity Zone (QOZ), ensuring a secure investment. Conveniently located near University of Penn and Drexel University, restaurants, public transportation, shopping centers and just minutes from Center City. Don't miss the opportunity to own this amazing Quadplex, rent it as investment or live in one unit and rent the others! Schedule your tour today. Floor plans can be provided at request.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Rooms

Basement Fully Finished

Interior

Interior Features Combination Kitchen/Living, Combination Dining/Living, Efficiency, Floor Plan - Open, Recessed Lighting

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank

Equipment Dishwasher, Dryer - Electric, Microwave, Stainless Steel Appliances, Washer - Front Loading, Water Heater - High-Efficiency, Refrigerator, Oven/Range - Electric

Fireplace N

Appliance Dishwasher, Dryer - Electric, Microwave, Stainless Steel Appliances, Washer - Front Loading, Water Heater - High-Efficiency, Refrigerator, Oven/Range - Electric

Heat Source Electric

Exterior

Water Access N

Roof Type Fiberglass

Accessibility Level Entry - Main

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 061185010

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, PHFA, FHA

Listing Terms Cash, Conventional, PHFA, FHA

Financing Cash,Conventional,PHFA,FHA

Special Listing Condition Standard

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Listed by Jurgen Aliaj • Long & Foster Real Estate, Inc.

+1(443) 221-4120

info@bremove.com

2530 Riva Rd, STE 300, Annapolis, MD 21401, USA

631 N PRESTON ST Philadelphia, PA 19104