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35 N PRESTON ST Philadelphia, PA 19104
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Key Details
Sold Price $419,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Powelton Village
MLS Listing ID 1001770284
Sold Date 07/31/18
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1933
Annual Tax Amount $2,245
Tax Year 2018
Lot Size 1,600 Sqft
Acres 0.04
Lot Dimensions 16X100
Property Description
Cosmetically renovated in 2014! This original triplex is fully rented and producing a positive cash flow. The current rents are solid for the surrounding area and secure through 2018. All three units share the same features: Laminate floors, original woodwork, 4-piece kitchens, gas heating systems, newer windows, shared roof deck and laundry. First floor apartment also has separate entrance to rear yard. The utilities are completely separated and the building has 200 AMP service and fire alarm system. Water is paid for by the owner. The property is conveniently located within easy walking distance of the hospitals and Drexel University. The area is also loaded with restaurants and coffee shops. There are numerous public transportation options within 3-4 blocks and there is ample parking in the area. The Walk Score and bike score is extremely high, respectively. With a positive cash flow and fully renovated features, this property is great addition to any portfolio. Please note that this property priced to sell As-Is and without warranty. Owner will not make any additional repairs.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Gas
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 061181300
Ownership Fee Simple
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Bought with Ryan M Andrews • RE/MAX ONE Realty