322 N Preston Street

University City, Philadelphia, PA 19104

Great Multi-family (3 units) Investment Property!!! It will bring the most income uses as student housing or professional people. Or live in one uint and collect rent from other two units. Total 6 bedrooms, 6 bathrooms and 3-floor. Each uint/floor has 2bedrooms,2 full bathrooms and a kitchen.Rental Return is about 9%. Each room can rent about $700 -$750 monthly, or $1500 per uint, so total rent is more than $50k per year. Low property tax, annually is $3,264 in 2022. All utilities are separate except for the water. All 6 bedrooms have its own bathrooms, can be rented separately to six individuals. The sellers have spent a lot of money to remodel. The property is ready for moving in or renting. Three newly installed (3-zoned) central AC; 3 electric meters and 3 gas meters. Rental market is as strong as ever and will continue to grow, especially for the student housing since the school has reopened. House is sold AS-IS.

This is an Active listing.

Broker Office Phone Number: 484-716-3788

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