643 N Preston St, Philadelphia, PA 19104
Local realty services provided by:CENTURY 21 Home Team Realty
643 N Preston St,Philadelphia, PA 19104
$250,000
- 7 Beds
- - Baths
- 2,580 sq. ft.
- Multi-family
- Pending
Listed by: eric d feinberg
Office: keller williams realty group
MLS#:PAPH2621198
Source:BRIGHTMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$96.9
About this home
Located in the heart of Philadelphia’s booming University City neighborhood, this is an exceptional opportunity for investors, developers, and builders to capitalize on one of the city’s fastest-growing areas. Positioned along the highly visible Lancaster Avenue commercial corridor, the property offers incredible potential for redevelopment and long-term appreciation. There are so many new constructions on the block; come and be the next developer. The work has been made easy for you.
The building has already been framed for a three-unit layout, featuring spacious two-bedroom units on the second and third floors. The first floor was previously approved for restaurant use, though buyers should verify the current status of any permits with the city.
Surrounded by strong rental demand driven by students from Drexel University and the University of Pennsylvania, as well as young professionals, this location is primed for continued growth. The ongoing expansion of Schuylkill Yards is expected to further transform the area and increase property values for years to come.
Whether you’re looking to develop 3 apartments or create a mixed-use investment property, this property presents endless possibilities in a rapidly appreciating market.
No power in the building. So, please bring a flashlight with you. Don’t miss this rare investment opportunity — submit your offer today!...
Contact an agent
Home facts
- Year built:1925
- Listing ID #:PAPH2621198
- Added:75 day(s) ago
- Updated:July 29, 2026 at 08:34 AM
Rooms and interior
- Bedrooms:7
- Flooring:Rough-In
- Basement:Yes
- Basement Description:Interior Access, Walkout Stairs
- Living area:2,580 sq. ft.
Structure and exterior
- Year built:1925
- Building area:2,580 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Rear Yard, Urban
- Architectural Style:Traditional
- Construction Materials:Masonry
- Exterior Features:Patio(s), Sidewalks, Street Lights
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$96.9
- Tax amount:$1,979 (2025)
Parking
- Parking description:On Street
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