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645 N PRESTON STREET

PHILADELPHIA, PA 19104

MLS#: PAPH2651854

$244,500

Status: Active
Listing number: PAPH2651854
Listing provided by: The Greene Realty Group
Listing agent phone: None
Last update: 9 days ago
On site: 10 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

2,658

Location, Location, Location: Investor Special in Powelton Village / University City – Full Rehab Opportunity, Gutted out shell ready for rehab. Exceptional value-add opportunity in the highly sought-after Powelton Village neighborhood, located in the heart of University City. This spacious property (approx. 2,100+ sq ft) has been fully gutted and is ready for a complete renovation—offering a blank canvas for investors, developers, or owner-occupants looking to customize from the ground up. This property is just steps from Drexel University and minutes to the University of Pennsylvania, CHOP, and Penn Medicine. The location provides strong, consistent rental demand from students, faculty, and medical professionals, making it ideal for a flip, rental hold, or potential multi-unit conversion to triplex ( quad needs to be verified by zoning and use). Conveniently located near Lancaster Avenue’s retail and dining corridor, public transportation including SEPTA trolley lines, and with easy access to 30th Street Station and Center City Philadelphia. The neighborhood continues to see steady appreciation, with renovated comparable properties. *owner financing may be available for the experienced investors*

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2658.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,247

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other

Price

  • Sales Price

    $244,500

  • Tax Amount

    $1,338

  • Financing Options

    Cash, Seller Financing

  • Zoning

    Multi family

  • Sq. Footage

    2,658

  • Price/SqFt

    $91

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    146

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Derek J. Greene , The Greene Realty Group

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Location, Location, Location: Investor Special in Powelton Village / University City – Full Rehab Opportunity, Gutted out shell ready for rehab. Exceptional value-add opportunity in the highly sought-after Powelton Village neighborhood, located in the heart of University City. This spacious property (approx. 2,100+ sq ft) has been fully gutted and is ready for a complete renovation—offering a blank canvas for investors, developers, or owner-occupants looking to customize from the ground up. This property is just steps from Drexel University and minutes to the University of Pennsylvania, CHOP, and Penn Medicine. The location provides strong, consistent rental demand from students, faculty, and medical professionals, making it ideal for a flip, rental hold, or potential multi-unit conversion to triplex ( quad needs to be verified by zoning and use). Conveniently located near Lancaster Avenue’s retail and dining corridor, public transportation including SEPTA trolley lines, and with easy access to 30th Street Station and Center City Philadelphia. The neighborhood continues to see steady appreciation, with renovated comparable properties. *owner financing may be available for the experienced investors*

645 N PRESTON STREET

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