830 N Preston St,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
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 Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 16 |
| Listing Provided By | HomeSmart Realty Advisors | Andre Richardson |
Features
| SQ Feet | 2,003 |
|---|---|
| Story(s) | 3 |
| Units | 3 |
| Zoning | RSA5 |
| Acreage | 0.03 |
| Water Front | Yes |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | MANTUA |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in MANTUA) | |
Price: $400,000 low | high Med: $190,000 SqFt: 2,003 low | high Med: 1,020 $ / SqFt: $200 low | high Med: $186 On site: 16 low | high Med: 224.000000 | |