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Listed price in listed location currency (USD).
$250,000

000

MLS® PAPH2621198

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2580 sqft
Garage 
Taxes $1,979
Days Active 0
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $96
MLS® Number PAPH2621198

Property Address: 643 N Preston St, PHILADELPHIA, PA, 19104-1713

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® NumberPAPH2621198
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementInterior Access, Walkout Stairs
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
643 N Preston St, Philadelphia, PA

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