Under Contract

MLS: #PAPH2621198, Listed By: Eric Feinberg, Keller Williams Realty Group, Source:Bright MLS

643 N Preston Street

PHILADELPHIA, PA 19104
Mark as Favorite
Bed 7

Bed

Bath 0

Bath

SqFt2,580

Sqft

Acres0.03

Acre(Lot)

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 drive n 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 78651924

MLS Id : PAPH2621198

Beds : 7

Lot Size : 0.03 Acre

Living Area Size : 2,580

Year Built : 1925

County : PHILADELPHIA

Subdivision: University City

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Has Basement: Yes Basement: Walk-Out Access, Interior Entry
  • Interior Features

    Other
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1925 Building Area Total: 2580 Patio And Porch Features: Patio Pool Features: None Private Pool: No View: Street

  • Lot Information

    Lot Dimensions: 18.00 x 77.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1386 Lot Description: Back Yard

    Property Information

    Subdivision: UNIVERSITY CITY Source Property Type: Residential Income Postal Code Plus 4: 1713 Property SubType: Triplex Property Age: 101

  • Listing Price Information

    Listing Price: $250000

  • Tax Information

    Parcel Number: 871067200 Tax Lot: 109 Tax Year: 2025 Annual Tax: $1979

  • Parking Information

    On Street

  • Location Information

    Direction: The building is at the corner of N Preston Street and Lancaster Avenue, next to the church. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3101 Haverford Avenue, Philadelphia, PA, 19104 $650,000 5 -- 2,304 2,304 SqFt
3108 Haverford Avenue, Philadelphia, PA, 19104 $899,900 7 -- 1,998 1,998 SqFt
651 N 33rd Street, Philadelphia, PA, 19104 $699,900 4 -- 2,969 2,969 SqFt
500 N 34th Street, Philadelphia, PA, 19104 $900,000 7 -- 3,120 3,120 SqFt
3414 Spring Garden Street, Philadelphia, PA, 19104 $879,900 6 -- 3,214 3,214 SqFt
3424 Wallace Street, Philadelphia, PA, 19104 $650,000 4 -- 3,672 3,672 SqFt
3602 Powelton Avenue, Philadelphia, PA, 19104 $1,250,000 7 -- 3,150 3,150 SqFt
3627 Powelton Avenue, Philadelphia, PA, 19104 $985,000 6 -- 2,712 2,712 SqFt
623 N 36th Street, Philadelphia, PA, 19104 $925,000 6 -- 3,264 3,264 SqFt
3625 Spring Garden Street, Philadelphia, PA, 19104 $1,199,000 4 -- 4,000 4,000 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 21:25

MLS: PAPH2621198 LISTED BY: Eric Feinberg, Keller Williams Realty Group 610-792-5900 SOURCE: Bright MLS

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