631 N PRESTON ST, PHILADELPHIA, PA 19104

$970,000

bedrooms

bathrooms

square feet

Acreage

0.04

Open Houses

year built

2024

Full Baths

Half Baths

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Welcome to 631 N Preston! Embrace this amazing NEW CONSTRUCTION QUADUPLEX - 4 UNITS -offering a perfect blend of modern comfort and classic design. Completed JUNE 2024 this building features a 10 Year Tax Abatement. Boasting versatile two 2-bed, 2-bath units on the second & third floor, with third floor unit featuring a massive outdoor roof-deck. Also complemented by 2 more bi-level units on first and lower level. One unit features a 1-bed 1-bath apartment while the other is currently set up as commercial space with the ability to be converted into a unit. The open-concept kitchen and living areas create a welcoming atmosphere, characterized by thoughtful layouts. This property caters to the first-time homebuyer, or savvy investor. 10 YEARS TAX ABETMENT! Unit 1 currently rented at $1550 Unit 2 currently rented at $1775 Unit 3 which features large roof deck currently vacant for possibility of owner occupant investors projected rent $2300. 4th unit currently vacant. Additional perks the property's location within a Qualified Opportunity Zone (QOZ), ensuring a secure investment. Conveniently located near University of Penn and Drexel University, restaurants, public transportation, shopping centers and just minutes from Center City. Don't miss the opportunity to own this amazing Quadplex, rent it as investment or live in one unit and rent the others! Schedule your tour today. Floor plans can be provided at request.

Location
Subdivision	-
County	PHILADELPHIA
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: PAPH2464282

Listing agent: Jurgen Aliaj

Listing broker: Long & Foster Real Estate (888) 536-0216

Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 2 2025 at 2:57 p.m. EDT

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