830 N Preston St, PHILADELPHIA, PA 19104
Local realty services provided by:ERA Reed Realty, Inc.
830 N Preston St,PHILADELPHIA, PA 19104
$400,000
- 5 Beds
- - Baths
- 2,003 sq. ft.
- Multi-family
- Active
Listed by:andre richardson
Office:homesmart realty advisors
MLS#:PAPH2468330
Source:BRIGHTMLS
Price summary
- Price:$400,000
- Price per sq. ft.:$199.7
About this home
* * * Back on Market - Buyer Financing Fell Through - Their loss will be Your Gain * * *
Fully Leased Triplex | Great Rental Income | Prime House-Hack Opportunity
Invest smart in the heart of West Philadelphia with this income-producing gem in Mantua—830 N Preston St, a fully leased triplex offering strong cash flow, guaranteed Section 8 rent in one of three units, and the rare potential to live in one unit (if you choose), while tenants rental payments offset your monthly mortgage payment.
Step into a well-maintained, & professionally managed building with three separate units—one 1-bedroom, and two 2-bedroom units, each offering a full bath, washer/dryer, and bright, spacious layouts that tenants love. Each apartment has GREAT tenants and welcomes you with large, sun-filled windows, open-concept living and kitchen areas that feel modern and functional. Kitchens are designed for practicality, with wood cabinetry, gas ranges, microwaves, and full-size refrigerators—perfectly suited for long-term tenants or an owner-occupant. Bedrooms are generously sized, filled with natural light, and offer solid closet space, while clean, modern bathrooms ensure each unit is fully self-sufficient.
1 of the 3 units are leased through Section 8, offering dependable, government-backed payments—a key asset in today’s rental market. Safety and security are also covered with a building-wide fire alarm system, giving peace of mind to both tenants and owners alike. But here's the real opportunity: If you're looking to break into the market, why not house-hack? Live in one unit, and let the other two offset your monthly mortgage payment. (If you utilize FHA financing, you may be able to purchase with as little as 3.5% down!)
The location is unmatched. Situated in the up-and-coming Mantua neighborhood, you're minutes from Drexel University, University of Pennsylvania, the Philadelphia Zoo, and everything University City and Center City have to offer. Transit, nightlife, green spaces, and culture—all at your doorstep. This is the kind of property investors salivate for—secure income, strategic location, and flexibility to grow with your goals. Whether you're just starting out, building a portfolio, or stepping into homeownership the smart way, 830 N Preston St is ready to perform for you. Schedule your private showing today—and step into a future where your property pays you.
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Home facts
- Year built:1915
- Listing Id #:PAPH2468330
- Added:126 day(s) ago
- Updated:August 15, 2025 at 01:31 PM
Rooms and interior
- Bedrooms:5
- Living area:2,003 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,003 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$199.7
- Tax amount:$1,673 (2024)
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