FSBO
FSBO - For Sale
$1,149,000
For Sale by Owner
$252/sq ft Listed 3 months ago
Multi-Family for Sale in Philadelphia, PA
1642 Cambridge St, Philadelphia, PA 19130
Studio
0 Bath
4,568 sq ft
Built 2019
PropSlick Verified Data
Key facts & insights for this exact address
$252
Price / sq ft
2019
Year Built
$3,122
Property Tax / yr
1,176 sf
Lot Size
Philadelphia
County
Key Facts
Property TypeMulti-Family
Year Built2019
Square Footage4,568 sq ft
Lot Size1,176 sq ft
Annual Property Tax$3,122
Price / SqFt$252
Property 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.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Washer/Dryer
Dishwasher
Balcony/Deck
Backyard/Patio
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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