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1642 Cambridge Street, Philadelphia, PA 19130

$1,325,000
  • 1642 Cambridge Street, Philadelphia, PA 19130 Main Photo

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ACTIVE
BEDS0 BATHS SQUARE FEET4,568 MLS#PAPH2605536
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFRANCISVILLE SCHOOLPHILADELPHIA CITY

Property Description

Turnkey corner triplex in the rapidly developing Francisville section of Philadelphia, offering strong rental income, modern construction, and long-term upside. Built in 2019, this is one of the larger properties on the block with a highly desirable unit mix and multiple income strategies. The property is currently enrolled in a tax abatement program with approximately four years remaining, providing reduced property taxes and increased cash flow potential. Buyer is responsible for confirming remaining term and details with the City of Philadelphia. The building consists of three well-designed units: • Unit A (Bi-level, 4 Bed, 3 Bath) Spacious layout with a private entrance, open kitchen and living area, and access to a private patio. The main level includes two bedrooms and two full bathrooms, while the lower level offers two additional bedrooms, a full bathroom, and in-unit laundry. Currently rented at $2,450/month through April 30, 2027. • Unit B (2 Bed, 2 Bath) Open-concept kitchen and living area with bedrooms positioned on opposite ends for privacy. Each bedroom includes a walk-in closet and access to a full bathroom. In-unit laundry included. Currently vacant with projected rent of $1,895/month. • Unit C (2 Bed, 2 Bath + Roof Deck Access) Split-bedroom layout with en-suite and Jack-and-Jill style bathrooms. Features access to a private rooftop deck with city views. Currently rented at $2,150/month through November 30, 2026. Total projected monthly income: $6,495+ Tenants pay all utilities except trash and sewer, helping to minimize operating expenses. Located in a high-demand rental corridor, the property offers convenient access to Center City, Temple University, major hospitals, public transportation, and ongoing neighborhood development. The area continues to attract renters due to its proximity to employment centers and urban amenities. The layout supports multiple strategies including traditional leasing, roommate-style occupancy, or furnished and mid-term rental use. The high bedroom-to-bathroom ratio, multiple en-suite configurations, and private outdoor spaces further enhance tenant appeal. Perfect for investors seeking stable income with long-term leases in place, or for owner-occupants looking to offset their mortgage by occupying the vacant unit. Disclaimer Information is deemed reliable but not guaranteed. Buyer is responsible for verifying square footage, zoning, tax abatement details, rental projections, and permitted use. This is not legal or financial advice.

1642 Cambridge Street | MLS# PAPH2605536

This multi-family property located at 1642 Cambridge Street, Philadelphia, PA 19130 is currently listed for sale with an asking price of $1,325,000. Cambridge Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight, Full, Full, Fully Finished
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: 90% Forced Air
Home Style: Contemporary
Lot Size: 0.00 Acre(S)
Roof Type: Fiberglass, Flat
Taxes: $3,122
Year Built: 2019

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Intercom, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer
Days on Site: 11
Exterior: Masonry, Advanced Framing, Brick, Concrete
Exterior: Roof Deck, Sidewalks, Street Lights
Flooring: Ceramic Tile, Hardwood
Interior: Combination Kitchen/Living, Primary Bath(s), Sprinkler System, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Wood Floors, Bathroom - Walk-In Shower, Pantry, Walk-in Closet(s)
Location: Corner Lot/Unit
Lot: Corner
Lot Dimensions: 0.00 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: City
Structure Type: End of Row/Townhouse
Three Bedroom Units: 1
Two Bedroom Units: 2
Units: 3
Water: Public
Windows: Casement, Energy Efficient

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Philadelphia Realty Exchange
Agency Phone: 2155456111

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 7,001.86 per month $6,355.24 Principal & Interest $260.17 Property Tax $386.46 Homeowner's Insurance

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