37 N Preston St, Philadelphia, PA 19104
Local realty services provided by:CENTURY 21 Above and Beyond
37 N Preston St,Philadelphia, PA 19104
$699,000
- 6 Beds
- - Baths
- 3,544 sq. ft.
- Multi-family
- Pending
Listed by: eric land
Office: kw empower
MLS#:PAPH2619238
Source:BRIGHTMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$197.23
About this home
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....
Contact an agent
Home facts
- Year built:2007
- Listing ID #:PAPH2619238
- Added:80 day(s) ago
- Updated:July 28, 2026 at 08:26 AM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Fully Finished
- Living area:3,544 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2007
- Building area:3,544 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$197.23
- Tax amount:$10,498 (2025)
Parking
- Parking description:On Street
New listings near 37 N Preston St
- New
$289,900Active3 beds 3 baths1,368 sq. ft.2005 N Lawrence St, PHILADELPHIA, PA 19122
MLS# PAPH2652890Listed by: REALTY MARK CITYSCAPE-HUNTINGDON VALLEY - Coming Soon
$350,000Coming Soon4 beds -- baths2589 Balwynne Park Rd, PHILADELPHIA, PA 19131
MLS# PAPH2652868Listed by: COLDWELL BANKER REALTY - New
$284,900Active3 beds 2 baths1,200 sq. ft.262 W Godfrey Ave, PHILADELPHIA, PA 19120
MLS# PAPH2652870Listed by: BURHOLME REALTY - New
$264,900Active3 beds 2 baths1,118 sq. ft.6015 N 3rd St, PHILADELPHIA, PA 19120
MLS# PAPH2652874Listed by: BURHOLME REALTY - Coming Soon
$259,900Coming Soon3 beds 1 baths2928 Glenview St, PHILADELPHIA, PA 19149
MLS# PAPH2652880Listed by: HOME MAX REALTY - New
$260,000Active3 beds 2 baths1,138 sq. ft.214 Devereaux Ave, PHILADELPHIA, PA 19111
MLS# PAPH2652886Listed by: HOME MAX REALTY - New
$150,000Active3 beds 1 baths1,140 sq. ft.558 Geneva Ave, PHILADELPHIA, PA 19120
MLS# PAPH2652830Listed by: EXP REALTY, LLC - Coming SoonOpen Sun, 12 to 12pm
$475,000Coming Soon3 beds 3 baths2005 W Girard Ave, PHILADELPHIA, PA 19130
MLS# PAPH2652846Listed by: KW EMPOWER - New
$400,000Active8 beds -- baths2,444 sq. ft.2932 W Oxford St, PHILADELPHIA, PA 19121
MLS# PAPH2652850Listed by: BHHS FOX & ROACH-CENTER CITY WALNUT - Coming Soon
$300,000Coming Soon3 beds 1 baths2530 E Dauphin St, PHILADELPHIA, PA 19125
MLS# PAPH2652860Listed by: KELLER WILLIAMS REAL ESTATE-LANGHORNE