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631 N Preston St, 
Philadelphia, PA 19104

$970,000


6

Beds


Bath


3,703

Sq Ft


Multi-Family

Active

Listed by

Jurgen Aliaj

Long & Foster Real Estate, Inc.

Last updated:

May 9, 2025, 01:29 PM

MLS#

PAPH2464282

Source:

BRIGHTMLS

About This Home

631 N Preston St

Welcome to 631 N Preston! Embrace this amazing NEW CONSTRUCTION QUADUPLEX - 4 UNITS -offering a perfect blend of modern comfort and classic design. Completed JUNE 2024 this building features a 10 Year Tax Abatement. Boasting versatile two 2-bed, 2-bath units on the second & third floor, with third floor unit featuring a massive outdoor roof-deck. Also complemented by 2 more bi-level units on first and lower level. One unit features a 1-bed 1-bath apartment while the other is currently set up as commercial space with the ability to be converted into a unit. The open-concept kitchen and living areas create a welcoming atmosphere, characterized by thoughtful layouts. This property caters to the first-time homebuyer, or savvy investor. 10 YEARS TAX ABETMENT! Unit 1 currently rented at $1550 Unit 2 currently rented at $1775 Unit 3 which features large roof deck currently vacant for possibility of owner occupant investors projected rent $2300. 4th unit currently vacant. Additional perks the property's location within a Qualified Opportunity Zone (QOZ), ensuring a secure investment. Conveniently located near University of Penn and Drexel University, restaurants, public transportation, shopping centers and just minutes from Center City. Don't miss the opportunity to own this amazing Quadplex, rent it as investment or live in one unit and rent the others! Schedule your tour today. Floor plans can be provided at request.

Home Facts

Multi-Family

6 Bedrooms

Built in 2024

Price Summary

970,000

$261 per Sq. Ft.

MLS #:

PAPH2464282

Last Updated:

May 9, 2025, 01:29 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Contemporary

Building Area:

3,703 Sq. Ft.

Year Built:

2024


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$970,000

Price per Sq. Ft:

$261 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.