649 N Preston Street Philadelphia, PA $ 745,000
649 N Preston Street
$ 745,000
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649 N Preston Street

Philadelphia, PA, 19104
$ 745,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 5,204

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Multi-Family Home for sale in Philadelphia, PA

for $745,000 with 6 bedrooms. This home was built in 1925 on a lot size of 0.05.

MultiUnit living space in Belmont section of the city. This property has been renovated and ready for use. This 7 bedroom 5 bathroom RM1 zoned property is prepared for its next owner with great income producing opportunities. The property comes with 2 full functioning kitchens with stoves and 2 washer and dryers all connected and ready for use. Rental potential in the area is high given the properties proximity to public transportation, area shopping and high walkability score.

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Multi-Family Active

Price

$ 745,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 1,721

Style

Traditional

Lot Size

0.05

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2348368

Features
General
Interior Features 2nd Kitchen Floor Plan - Open Combination Dining/Living Combination Kitchen/Dining Combination Kitchen/Living Kitchen - Island
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Central A/C Window Unit(s)
Possession 0-30 Days CD
Appliances Stainless Steel Appliances Built-In Microwave Built-In Range Dryer Washer Stove
Zoning RM1
Architectural Style Traditional
Security Features Fire Detection System
Construction Materials Masonry
Year Built 1925
Electric 200+ Amp Service
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 56100.00
Accessibility None
County PHILADELPHIA
Net Operating Income 56100.00
New Construction N
Property Type Multi-Family
Subdivision Name BELMONT
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 11
Status ACTIVE
Directions Lancaster Ave to Preston St.
City PHILADELPHIA
Buyer Agent Compensation 2
Zoning Description RM1 Residential Multi Family
Total Units 4
MLS Area 19104 (19104)
Lot Size Square Feet 2209.00
Waterfront Y/N N
Number of Units Leased 2
Street Name PRESTON
Tax Annual Amount 1721.0
Property Condition Very Good
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total 208.1
Acceptable Financing Cash Conventional FHA Private
Vacation Rental Y/N N
Days on Market 19
Lease Type None
Standard Status Active
Year Built Source Estimated
Tax Lot 113
Total Actual Rent 56100.00
Cap Rate 7.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Full
Hot Water Electric
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
Number of Elevators 0
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Exterior
Pool No Pool
Lot Features Rear Yard
Water Source Public
Inclusions Stove(s) Refrigerator(s) Microwave(s) Washer(s) and Dryer(s) all in AS-IS condition
Type of Parking On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 24600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 649
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* Excluded Features
List By
Bhhs Fox & Roach-Center City Walnut

Broker

briank.wilson@foxroach.com

Email

Affordability Calculator

$5,347
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,204
Monthly Property Taxes
$143
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4654470 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$745,000 Listed Price

Map


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649 N Preston Street, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $745,000 with a lot size of 0.05. 649 N Preston Street has 6 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19104 which is in Philadelphia, PA