MLS® ID: 1004337321
35 N PRESTON ST
Philadelphia, Pennsylvania, 19104 $419,900
Cosmetically renovated in 2014! This original triplex is fully rented and producing a positive cash flow. The current rents are solid for the surrounding area and secure through 2018. All three units share the same features: Laminate floors, original woodwork, 4-piece kitchens, gas heating systems, newer windows, shared roof deck and laundry. First floor apartment also has separate entrance to rear yard. The utilities are completely separated and the building has 200 AMP service and fire alarm system. Water is paid for by the owner. The property is conveniently located within easy walking distance of the hospitals and Drexel University. The area is also loaded with restaurants and coffee shops. There are numerous public transportation options within 3-4 blocks and there is ample parking in the area. The Walk Score and bike score is extremely high, respectively. With a positive cash flow and fully renovated features, this property is great addition to any portfolio. Please note that this property priced to sell As-Is and without warranty. Owner will not make any additional repairs.