Amazing Investment opportunity with this well maintained Triplex at 704 N Preston St. This 3 Unit building is move in ready and and has 1 vacant unit perfect for owner occupant. As you enter the property the vacant first floor unit offer a large living room flooding with natural light, cherry bamboo flooring, 2 bedrooms, kitchen with electric cooktop, tiled bath and access to rear fenced in yard. First floor also has access to unfinished basement. The basement is set up with three electric waterheaters (one for each unit) and three electric meters. Headed to the second floor you will find the occupied 1 bedroom unit with a spacious living-room, eat in kitchen, remodeled tile bath with tub, and spacious 1 bedroom. The third Floor is also occupied and is a studio offering kitchen, cherry bamboo flooring, bathroom and main space used as a bedroom. This property is forced air, NEW ROOFS installed in 2025 (Main roof and Porch Roof) This property is zoned correctly RM1 which makes it a no hassle investment in the City of Philadelphia. Right off of Fairmount Ave makes this location desirable and an easy commute for students attending Drexel University & University Of Penn. You are within close proximity to the Philadelphia Art Museum and Center City. This location offers public transit & a short drive to major highways such as I95, The Expressway & I76. There is new construction in every direction and this area has been the newest area of focus for investors over last few years. Do not miss out on an incredible opportunity like 704 N Preston St.
Listed by Alexa N Smith
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License #RS332483
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Keller Williams Real Estate - Newtown
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2672350420
Last updated September 09, 2025
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Source: BrightMLS #PAPH2532774
Listing Facts
TypeMulti-family
NeighborhoodBelmont
Days on Prevu5
Taxes$3,988/year
Size1,896 sqft
Price per sqft$174
Location
Mortgage Calculator
Listing History
09/09/2025
Listed by Keller Williams Real Estate - Newtown
$330,000
Property Details for 704 N Preston Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Property Condition: Very Good
Roof: Flat
Year Built: 1925
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.04
Lot Size Dimensions: 16
Lot Size Source: Assessor
Lot Size Square Feet: 1,592
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,988.00
Tax Year: 2025
Interior
Features
Appliances: Oven/Range - Electric, Refrigerator, Stove, Water Heater
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