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Listed price in listed location currency (USD).
$699,000

000

MLS® PAPH2619238

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3544 sqft
Garage 
Taxes $10,498
Days Active 0
Lot Size 
Approx. Age 2007
Avg. Price Per Sqft $197
MLS® Number PAPH2619238

Property Address: 37 N Preston St, PHILADELPHIA, PA, 19104-5444

Average square foot calculated using Size range provided by listing agent.

Description

37 N Preston St is a turnkey, cash-flowing legal triplex located in one of Philadelphia’s fastest-growing rental corridors. Grossing approximately $5, 000 per month, this fully occupied multi-family investment offers the perfect blend of strong in-place income, long-term appreciation potential, and true passive cash flow. Featuring three separately metered units, this income-producing asset is ideal for both seasoned investors and owner-occupants looking to house hack while building wealth. Positioned in the heart of West Philadelphia near University City, Drexel University, UPenn, major hospitals, public transportation, and Center City access, this high-demand location continues to attract quality tenants year after year. Investors will appreciate the legal triplex zoning, strong rental performance, low vacancy potential, and scalable upside in an area experiencing continued redevelopment and rising property values. The property offers spacious unit layouts, excellent tenant appeal, and a compelling cap rate opportunity in a market where true turnkey multi-family assets are becoming increasingly scarce. Whether you’re looking to expand your portfolio, execute a buy-and-hold strategy, or secure a high-yield asset in a rapidly appreciating neighborhood, 37 N Preston St checks every box. Opportunities like this do not come around often — stable cash flow, prime location, and serious upside potential all in one package.
MLS® NumberPAPH2619238
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2007
BasementFully Finished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
37 N Preston St, Philadelphia, PA

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