516 N Preston St, Philadelphia, PA 19104
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
516 N Preston St,Philadelphia, PA 19104
$675,000
- 4 Beds
- - Baths
- 3,732 sq. ft.
- Multi-family
- Active
Listed by: jordan b wiener, susan j henley
Office: compass pennsylvania, llc.
MLS#:PAPH2675564
Source:BRIGHTMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$180.87
About this home
Fantastic Investment or Owner-Occupant Opportunity! Don’t miss this well-maintained triplex in the thriving West Powelton neighborhood, offering a combination of existing rental income and flexibility for an owner-occupant or investor.
The property features three units with a total of eight bedrooms. The spacious bi-level four-bedroom, two-bath unit includes a kitchen, two living areas, and a private patio. The second and third floors each feature an updated two-bedroom, one-bath apartment. One of the three units is currently vacant, providing an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other two, or for an investor to lease all three units and maximize the property's income potential.
Each apartment features hardwood and ceramic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning.
Recent improvements include newer HVAC systems in Units A, B, and C, vinyl siding, a new water service line, a new dishwasher in Unit A, and a new range and microwave in Unit C.
Ideally located in West Powelton, the property is just minutes from the University City Science Center, Drexel University, and the University of Pennsylvania, as well as numerous dining, coffee, and entertainment options. Multiple SEPTA transportation options provide convenient access throughout the city, while Center City is less than ten minutes away by car or bicycle.
Whether you're looking for an income-producing investment, an owner-occupied property with rental income to offset your housing costs, or an opportunity to lease all three units, this versatile triplex offers an attractive combination of location, functionality, and upside potential....
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Home facts
- Year built:2009
- Subdivision & Development:POWELTON VILLAGE
- Listing ID #:PAPH2675564
- Added:1 day(s) ago
- Updated:October 07, 2026 at 01:59 PM
Rooms and interior
- Bedrooms:4
- Flooring:Hardwood
- Basement:Yes
- Basement Description:Full, Fully Finished
- Living area:3,732 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:2009
- Building area:3,732 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Traditional
- Construction Materials:Brick Front, Vinyl Siding
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$180.87
- Tax amount:$8,016 (2026)
Parking
- Parking description:On Street
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