Philadelphia, PA 19104 631 N Preston Street

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.