$ 699,000
-
$699,000
Price -
6
Bed -
3
Bath -
3,544
SqFt
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About the Listing KWEMPWR - 3337602
37 N Preston St is a turnkey, cash-flowing legal triplex located in one of Philadelphia’s fastest-growing rental corridors. Grossing approximately $5,000 per month, this fully occupied multi-family investment offers the perfect blend of strong in-place income, long-term appreciation potential, and true passive cash flow. Featuring three separately metered units, this income-producing asset is ideal for both seasoned investors and owner-occupants looking to house hack while building wealth. Positioned in the heart of West Philadelphia near University City, Drexel University, UPenn, major hospitals, public transportation, and Center City access, this high-demand location continues to attract quality tenants year after year. Investors will appreciate the legal triplex zoning, strong rental performance, low vacancy potential, and scalable upside in an area experiencing continued redevelopment and rising property values. The property offers spacious unit layouts, excellent tenant appeal, and a compelling cap rate opportunity in a market where true turnkey multi-family assets are becoming increasingly scarce. Whether you’re looking to expand your portfolio, execute a buy-and-hold strategy, or secure a high-yield asset in a rapidly appreciating neighborhood, 37 N Preston St checks every box. Opportunities like this do not come around often — stable cash flow, prime location, and serious upside potential all in one package.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
PAPH2619238
Year Built
2007
Total Square Footage
3,544
Lot/Acreage
0.04
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3544
- Below Ground Sq Ft: 0
- Basement: Fully Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 100.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $10,498
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
37 N Preston St Philadelphia, PA 19104
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