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1642 Cambridge St

Philadelphia PA 19130

7
4568 sq. ft.
1176 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
4568 sq. ft. floor area
1176 sq. ft. lot size
Duplex

Property history for 1642 Cambridge St

2020
Sold
$1,075,000
26 Feb 2020 by Maxim Shtraus, of Philadelphia Realty Exchange

Happy sellers in Philadelphia

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Local market activity for 7 bedroom duplexes in Philadelphia

In the last 12 months, 5 seven-bedroom duplexes similar to 1642 Cambridge St, have been sold.

This represents a 100% decrease in seven-bedroom duplexes sales when compared to the previous 12 months.

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