643 N Preston St, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
643 N Preston St,Philadelphia, PA 19104
$250,000
  • 7 Beds
  • - Baths
  • 2,580 sq. ft.
  • Multi-family
  • Active
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...

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Home facts

  • Year built:1925
  • Subdivision & Development:UNIVERSITY CITY
  • Listing ID #:PAPH2621198
  • Added:91 day(s) ago
  • Updated:August 14, 2026 at 01:39 PM

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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