327 N Preston St
PHILADELPHIA, PA 19104

Description

Calling all investors! This spacious, newly updated Duplex in the heart of a University City Opportunity Zone is what you've been looking for! Get into the thriving University City market at an 8% cap rate with this cash flowing investment property. Great for an investor or an owner occupant looking to cover mortgage payment with rent. Under the FHA 2 unit limit! These units are blocks from UPenn, Penn Presby and Drexel with new construction all around! Two blocks away from the 40th Street Market-Frankford Line subway stop (6 min ride to City Hall!). Benefit from the best of what University City has to offer with easy access to campus, restaurants, bars, shops, a movie theater, co-working spaces and a grocery store. There are two police stations within a few blocks and regular university security patrols. The first floor unit is a 2 bedroom with a large basement, deck and yard. Upstairs, enter into a newly updated bi-level 4 bedroom, 2 full bathroom space with new flooring, paint, and upgrades throughout! High ceilings, great natural light and a completely brand new roof! This unit boasts private outdoor space on a 2nd floor deck, perfect for entertaining. Both units have in-unit washer/dryer and separate utilities. This incredible investment opportunity will not last long!

Details

MLS#PAPH716768
Sub-TypeResale
StatusActive
Year0
Days On Site2

Features

SQ Feet2,330
Units2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Listing VS Median (in 19104)
Price:
$479,900
low | high
Med:
$95,000
100% of Average
SqFt:
2,330
low | high
Med:
711
100% of Average
$ / SqFt:
$206
low | high
Med:
$33
100% of Average
On Site:
2
low | high
Med:
7.5
26.666666666667% of Average
Listing Updated: 02/14/2019
MLS Number: PAPH716768
Listing Provided By:
Michael D Phillips  of  Keller Williams Philly

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