Description
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.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
ContemporaryAD ID
49154245
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Combination Kitchen/Living,Combination Dining/Living,Efficiency,Floor Plan - Open,Recessed Lighting
- Roof : Fiberglass
- Basement Description: Fully Finished
- Property Appliances: Dishwasher,Dryer - Electric,Microwave,Stainless Steel Appliances,Washer - Front Loading,Water Heater - High-Efficiency,Refrigerator,Oven/Range - Electric
Roofing Information
- Fiberglass
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 2024
- Structure: End of Row/Townhouse
- Major Appliances: Dishwasher,Dryer - Electric,Microwave,Stainless Steel Appliances,Washer - Front Loading,Water Heater - High-Efficiency,Refrigerator,Oven/Range - Electric
- New Construction: No
- Total Units: 4
- Built: 2024
- Construction Material: Masonry
- Roof: Fiberglass
- Foundation/Basement: Permanent
- Architecture: Contemporary
- Pool/Private: No Pool
- Roof Type: Fiberglass
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,711
- Dimensions: 16.00 x 104.00
- Lot Size (Acres): 0.04
- Architectural Style: Contemporary
- Stories Total: 4
- Main Square Feet: 1,711
Property Information
- SQ ft: 3,703
- SQ ft (Living Area): 3,703
- Total Lot SQ ft: 1,711
- Financing: Cash,Conventional,PHFA,FHA
- Appx. Lot Dimensions: 16.00 x 104.00
- Total Acreage: 0.04
- New Construction: No
- Type: Contemporary
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 3
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,233
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $88,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,PHFA,FHA
- Roof: Fiberglass
Homeowners Association Information
- Direction: Haverford & Preston
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Haverford & Preston
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BuyOwner last updated this listing 04/11/2025 @ 16:39
- MLS: PAPH2464282
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,711 sized lot, and 0 parking. are nearby neighborhoods.