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$325,000
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Property Description
Amazing Investment opportunity with this well maintained Triplex at 704 N Preston St. This 3 Unit building is move in ready and and has 1 vacant unit perfect for owner occupant. As you enter the property the vacant first floor unit offer a large living room flooding with natural light, cherry bamboo flooring, 2 bedrooms, kitchen with electric cooktop, tiled bath and access to rear fenced in yard. First floor also has access to unfinished basement. The basement is set up with three electric waterheaters (one for each unit) and three electric meters. Headed to the second floor you will find the occupied 1 bedroom unit with a spacious living-room, eat in kitchen, remodeled tile bath with tub, and spacious 1 bedroom. The third Floor is also occupied and is a studio offering kitchen, cherry bamboo flooring, bathroom and main space used as a bedroom. This property is forced air, NEW ROOFS installed in 2025 (Main roof and Porch Roof) This property is zoned correctly RM1 which makes it a no hassle investment in the City of Philadelphia. Right off of Fairmount Ave makes this location desirable and an easy commute for students attending Drexel University & University Of Penn. You are within close proximity to the Philadelphia Art Museum and Center City. This location offers public transit & a short drive to major highways such as I95, The Expressway & I76. There is new construction in every direction and this area has been the newest area of focus for investors over last few years. Do not miss out on an incredible opportunity like 704 N Preston St.
Full Property Details
Full Property Details for 704 N Preston St
General
- Sold For: $325,000
- Taxes: $3,988 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2532774
- Added to Site: 131 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Bathroom - Tub Shower, Kitchen - Eat-In, Wood Floors, Recessed Lighting
- Appliances: Oven/Range - Electric, Refrigerator, Stove, Water Heater
- Flooring: Engineered Wood, Ceramic Tile
Parking
- Parking Type: On Street
Location
- Area: 19104 (19104)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: MANTUA
- Cross Streets: Fairmount Ave
- Driving Directions: Fairmount Ave to N Preston St
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Bottled Gas
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Brick/Mortar
- Roof: Flat
- Walls/Ceilings: Dry Wall
- Square Feet: 1,896
- Sq. Ft. Source: Assessor
- Living Area: 1,896 Sq. Ft.
- Finished Above Grnd: 1,896 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,592
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 100.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $174.05
- Assessment Year: 2025
- School Tax: $2,233
- City/TownTax: $1,754
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $284,900
- Tax Amount: $3,988
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1896
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Inclusions: 3 Refrigerators
- Lot Number: 146
Listed by Keller Williams Real Estate - Newtown, Alexa N Smith
Sold by Real of Pennsylvania, Jania Daniels
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Schools
Schools serving 704 N Preston St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 N Preston St
Date
Details
Price
Change
Source
11/17/2025
Sold
$325,000
-1.52%
MLS
9/09/2025
Listed
$330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
704 N Preston Street, Philadelphia, PA 19104 (MLS# PAPH2532774) is a Townhouse property that was sold at $325,000 on November 17, 2025. Want to learn more about 704 N Preston Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

