327 N Preston St

Philadelphia, PA 19104
  • $498,000

    Price
  • 2

    Bed
  • 3

    Bath
  • 1,980

    SqFt

About the Listing COMPASS1 - 3365941

Located just blocks from the transformational UCity Square project, this well-positioned two-unit property offers a unique blend of immediate income potential and long-term upside in the heart of University City. Whether you're an investor seeking strong rental demand or an owner-occupant looking to offset your mortgage, this versatile property delivers. The building features two spacious units (a 2-bedroom and a 4-bedroom) each with comfortable, functional layouts, in-unit washer/dryer, and separate utilities. The first-floor unit offers an open living and dining area, a full kitchen, two generously sized bedrooms, and access to a basement, rear deck, and expansive backyard ideal for everyday living and outdoor enjoyment. The second-floor unit features four bedrooms and two full bathrooms, along with an open-concept living and dining space, high ceilings, and a private deck, making it equally well-suited for shared living or a larger household. Conveniently located just steps from the Market-Frankford Line, the property provides easy access to Center City, Fishtown, West Philadelphia, and 30th Street Station. Surrounded by neighborhood shops, dining, and major institutions like the University of Pennsylvania, Drexel University, and Penn Presbyterian Hospital, the location supports both strong tenant demand and an exceptional quality of life. With continued growth and development throughout University City, this is an opportunity to secure a property that works for you today and into the future. Owner-occupants may also benefit from low down payment financing options for multi-unit properties, adding to the overall appeal. Schedule your tour and explore the possibilities this property has to offer.

Listing Highlights

Status Active
Days on Site 34
Property Type Multi-Family
MLS ® PAPH2602850
Year Built 1915
Total Square Footage 1,980
Lot/Acreage 0.04

Interior Details

  • Bedrooms: 2
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Carpet,Hardwood
  • Above Ground Sq Ft: 1980
  • Below Ground Sq Ft: n/a
  • Basement: Combination,Connecting Stairway,Outside Entrance,Partially Finished
  • Other: 2nd Kitchen,Wood Floors
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Zoning: RSA5
  • Roof: Rubber
  • Others: Good
  • Sewer: Public Sewer
  • Parking Features: Public,On Street

Financial Details

  • Tax Amount: $7,960
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

Payment Calculator

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Questions About..

327 N Preston St Philadelphia, PA 19104

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Originating MLS: BRIGHT_MAIN

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