Property

Philadelphia, PA 19104 830 N Preston Street

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Presented By: HomeSmart Realty Advisors
  • MLS# PAPH2468330
  • 04/10/2025
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Home Details

Fully Leased Triplex | Great Rental Income | Prime House-Hack Opportunity Invest smart in the heart of West Philadelphia with this income-producing gem in Mantua830 N Preston St, a fully leased triplex offering strong cash flow, guaranteed Section 8 rent in one of three units, and the rare potential to live in one unit (if you choose), while tenants rental payments offset your monthly mortgage payment. Step into a well-maintained, & professionally managed building with three separate unitsone 1-bedroom, and two 2-bedroom units, each offering a full bath, washer/dryer, and bright, spacious layouts that tenants love. Each apartment has GREAT tenants and welcomes you with large, sun-filled windows, open-concept living and kitchen areas that feel modern and functional. Kitchens are designed for practicality, with wood cabinetry, gas ranges, microwaves, and full-size refrigeratorsperfectly suited for long-term tenants or an owner-occupant. Bedrooms are generously sized, filled with natural light, and offer solid closet space, while clean, modern bathrooms ensure each unit is fully self-sufficient. 1 of the 3 units are leased through Section 8, offering dependable, government-backed paymentsa key asset in todays rental market. Safety and security are also covered with a building-wide fire alarm system, giving peace of mind to both tenants and owners alike. But here's the real opportunity: If you're looking to break into the market, why not house-hack? Live in one unit, and let the other two offset your monthly mortgage payment. (If you utilize FHA financing, you may be able to purchase with as little as 3.5% down!) The location is unmatched. Situated in the up-and-coming Mantua neighborhood, you're minutes from Drexel University, University of Pennsylvania, the Philadelphia Zoo, and everything University City and Center City have to offer. Transit, nightlife, green spaces, and cultureall at your doorstep. This is the kind of property investors salivate forsecure income, strategic location, and flexibility to grow with your goals. Whether you're just starting out, building a portfolio, or stepping into homeownership the smart way, 830 N Preston St is ready to perform for you. Schedule your private showing todayand step into a future where your property pays you.
Presented By: HomeSmart Realty Advisors

Interior Features for 830 N Preston Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 830 N Preston Street

Acceptable FinancingCash, Conventional, FHA, VA
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingOther
CountyPHILADELPHIA
DirectionsTake I-76 to exit 346B toward University Avenue. Continue on S 34th St. S 34th St turns slightly left and becomes S University Ave. Continue onto N 38th St. Turn left onto Lancaster Ave. Turn right
DisclosuresLead Based Paint - State, Prop Disclosure
ExclusionsTenants personal property
Garage Y/NNo
HeatingOther
Lease TypeYearly, Month to Month
Lot Size Square Feet1479.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-05-01T11:14:57
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnerPaysWater
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG199.7
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameMANTUA
Tax Annual Amount1673.0
Tax Assessed Value119525.0
Tax Lot151
Tax Year2024
Total Actual Rent38240.00
Total SQFT2003
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRSA5

Exterior for 830 N Preston Street

Foundation DetailsBlock
Land Assessed Value80760.00
Land Use CodeU50
Lot Dimensions17.00 x 87.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $400,000
MLS#PAPH2468330
List Date 04/10/2025
Property Type Multi-Family
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