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1642 Cambridge St , Philadelphia, PA 19130
$1,149,000
Est. Payment: $6,207.10/mo
7 Bed
4568 Sqft
0.03 Acres
Status: active | Days on site: 12
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PHILEX - 3325981,3159013
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House 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.

Highlights

Listed by Tykey M Jackson , 6096004553 and Donna L Walker-Bey , 2679841121 Philadelphia Realty Exchange , 2155456111. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

2019

County

Philadelphia

Area

19130 (19130)

Neighborhood

Francisville

School District

Philadelphia City

Listing ID

PAPH2682300

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Intercom, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer
Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile,Hardwood
Above Ground Sq Ft:4568
Basement:Daylight,Full,Fully Finished
Other:
  • ▪ Additional: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)
Water:Public

Exterior Features

Lot:Corner,Not New Construction,Horse Property: No
Lot Dimensions:18.00 x 65.32
Zoning:RM1
Roof:Fiberglass,Flat
Others:
  • ▪ Additional:Roof Deck, Sidewalks, Street Lights, Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$6,207
Taxes
$260

Home Price

$1,149,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$229,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,207.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,207.10 $260.17 $0.00 $6,467.26
Yearly $74,485.16 $3,122.00 $0.00 $77,607.16
Total $2,234,554.88 $93,660.00 $0.00 $2,328,214.88
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:10:58.000Z

© 2026 Bright MLS