USAPAPhiladelphiaFairmount1642 Cambridge St

$1,325,000

For Sale

19 days ago

1642 Cambridge St, Philadelphia, PA

Name: 1642 Cambridge St, For Sale in Philadelphia - eXp Realty
Brand: Philadelphia Realty Exchange
SKU: PAPH2605536
Price: 1325000 USD

House

MLS® PAPH2605536

0 Bed

0 Bath

4568 sqft

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 4568 sqft

Garage

Taxes $3,122

Days Active 18

Lot Size

Approx. Age 2019

Avg. Price Per Sqft $290

MLS® Number PAPH2605536

Property Address: 1642 Cambridge St, PHILADELPHIA, PA, 19130-1896

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

Description

High-Income 3-Unit Investment Opportunity in Francisville | Built 2019 | Tax Abatement Turnkey triplex generating $6, 495+ per month in projected rental income, located in the rapidly growing Francisville section of Philadelphia. Built in 2019, this modern multi-family property offers strong in-place income, low maintenance, and approximately 4 years remaining on a tax abatement, helping maximize cash flow. Ideal for investors or owner-occupants One unit is currently vacant, creating an immediate opportunity to house hack or lease at market rent. Property Breakdown: Unit A, Bi-Level, 4 Bed, 3 Bath Spacious private-entry unit with open living area, patio access, and in-unit laundry. Currently rented at $2, 450/month through April 2027. Unit B, 2 Bed, 2 Bath Open layout with bedrooms on opposite ends, each with walk-in closets and bathroom access. Vacant, projected rent $1, 995/month. Unit C, 2 Bed, 2 Bath + Roof Deck Split-bedroom design with private rooftop access and city views. Currently rented at $2, 150/month through November 2026. Investment Highlights: Projected gross income: $77, 940+ annually Tenants pay most utilities (low expense structure) Modern construction, built 2019 High bedroom-to-bath ratio increases rental demand Multiple rental strategies, long-term, roommate-style, or mid-term Located minutes from Center City, Temple University, major hospitals, and public transportation, this property sits in a high-demand rental corridor with continued neighborhood growth and strong tenant demand. Strong existing leases, modern layouts, and long-term upside make this a compelling addition to any portfolio. Disclaimer: Information is deemed reliable but not guaranteed. Buyer to verify all details including tax abatement, income, zoning, and square footage. This is not legal or financial advice.

MLS® NumberPAPH2605536

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2019

BasementDaylight, Full, Full, Fully Finished

DrivewayOn Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 9, 2026List Date

$1,325,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Tykey M Jackson

[email protected]

6096004553

Listing Agent

Donna L Walker-Bey

[email protected]

2679841121

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