716 N Preston St

$299,000  |  716 N Preston St, Philadelphia 19104

Welcome to an investor’s dream in one of the city’s fastest-growing neighborhoods. Situated on an excellent block just steps from University City, this property is currently configured as a single-family residence but boasts highly desirable RM-1 multi-family zoning, large enough to support a 4-unit multifamily building.

Fully Approved & Ready to Build. Save valuable time and capital. Included in the sale is an approved change of use, along with full architectural plans, MEP plans, energy certifications, surveys, and all supporting paperwork.

The Unit Mix

Unit 1: 4-Bedroom / 3-Bathroom with private outdoor space

Unit 2: 3-Bedroom / 2-Bathroom

Units 3 & 4: 1-Bedroom / 1-Bathroom

This is an exceptional, ready-to-go development opportunity for builders and investors looking to capitalize on the massive University City rental demand. Situated with immediate access to public transportation.

Step right into a fully planned project with major upside potential.