645 N Preston St
Philadelphia, PA 19104
5
Bedrooms
—
Bathrooms
2,658
Sq Ft
1925
Year Built
About This Property
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
Property Details
Property Type
Multi-Family
Year Built
1925
HOA
None
Listed Price
$234,500
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Philadelphia
What is owner financing for 645 N Preston St?
Owner financing means the seller of 645 N Preston St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Philadelphia, PA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Philadelphia home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Philadelphia property.