Address
649 N Preston Street, Philadelphia, PA
Price
$ 745,000
Property Attributes
- MLS#PAPH2348368
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodBelmont
- Zip19104
- StyleTraditional
- Year Built1925
- Taxes$ 1721
- Price$ 745,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
MultiUnit living space in Belmont section of the city. This property has been renovated and ready for use. This 7 bedroom 5 bathroom RM1 zoned property is prepared for its next owner with great income producing opportunities. The property comes with 2 full functioning kitchens with stoves and 2 washer and dryers all connected and ready for use. Rental potential in the area is high given the properties proximity to public transportation, area shopping and high walkability score.
| Elementary School |
|---|
| Belmont Elementary Charter |
| Price History | |
|---|---|
| 4/29/2024 | Listed $745,000 |
General Features
| Interior Features | 2nd Kitchen,Floor Plan - Open,Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Kitchen - Island |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard - Electric |
| Cooling | Central A/C,Window Unit(s) |
| Possession | 0-30 Days CD |
| Appliances | Stainless Steel Appliances,Built-In Microwave,Built-In Range,Dryer,Washer,Stove |
| Zoning | RM1 |
| Pool Y/N | No Pool |
| Architectural Style | Traditional |
| Security Features | Fire Detection System |
| Construction Materials | Masonry |
| Year Built | 1925 |
| Electric | 200+ Amp Service |
| Property SubType | Duplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 56100.00 |
| OwnerPays | Water |
| Accessibility | None |
| County | PHILADELPHIA |
| Net Operating Income | 56100.00 |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | BELMONT |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Bus Stop less than 1 mile |
| Total Rooms | 11 |
| Status | ACTIVE |
| Directions | Lancaster Ave to Preston St. |
| ModificationTimestamp | 2024-05-01T14:31:57 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2 |
| Zoning Description | RM1 Residential Multi Family |
| Total Units | 4 |
| MLS Area | 19104 (19104) |
| Lot Size Square Feet | 2209.00 |
| Tax Assessed Value | 123000.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 2 |
| Street Name | PRESTON |
| Tax Annual Amount | 1721.0 |
| Property Condition | Very Good |
| Structure Type | Interior Row/Townhouse |
| NumberOfUnitsVacant | 2 |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft | 208.1 |
| Acceptable Financing | Cash,Conventional,FHA,Private |
| Vacation Rental Y/N | No |
| Total SQFT | 3580 |
| Days on Market | 3 |
| Lease Type | None |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 113 |
| Total Actual Rent | 56100.00 |
| Cap Rate | 7.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Full |
| Hot Water | Electric |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 2 |
Exterior Features
| Lot Features | Rear Yard |
|---|---|
| Water Source | Public |
| Inclusions | Stove(s),Refrigerator(s),Microwave(s),Washer(s) and Dryer(s) all in AS-IS condition |
| Type of Parking | On Street |
| Land Use Code | Y50 |
| Foundation Details | Brick/Mortar |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 24600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19104
Price
Taxes
Visits
Year Built
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Last Updated: May 17, 2024 1:02 PM UTC
