37 N Preston Street • Philadelphia, PA 19104

$699,000 Beds: 0 • Baths:Sq. Feet: 3544 • MLS ID: PAPH2619238 • Subdivision:School Dist: PHILADELPHIA CITY
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. View this listing at: http://themikekoskoteam.com/mls=PAPH2619238

Property Features

  • Taxes: $10,498
  • Basement: Yes
  • Exterior: Masonry
  • Lot Size: 0.04 Acres
  • Lot Dimensions: 0.04 Acre(S)
  • Heating: Forced Air
  • Fuel Type: Natural Gas
  • Cooling: Central A/C
  • Year Built: 2007
  • Water: Public
  • Sewer: Public Sewer
  • Units: 3
  • Two Bedroom Units: 3
  • Municipality: PHILADELPHIA
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: Interior Row/Townhouse
  • Basement: Fully Finished

School Information

  • School District: PHILADELPHIA CITY
Printed May 24, 2026


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