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MLS: #PAPH2605536, Listed By: Tykey Jackson, Philadelphia Realty Exchange, Source:Bright MLS

1642 Cambridge Street

PHILADELPHIA, PA 19130
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Bed 7

Bed

Bath 0

Bath

SqFt4,568

Sqft

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 o pposite 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,149,000

AD Id : 76920922

MLS Id : PAPH2605536

Beds : 7

Living Area Size : 4,568

Year Built : 2019

County : PHILADELPHIA

Subdivision: Francisville

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Has Basement: Yes Basement: Finished, Daylight, Full
  • Flooring Information

    Wood, Ceramic Tile, Hardwood
  • Roofing Information

    Fiberglass, Flat
  • Interior Features

    Recessed Lighting, Pantry, Walk-In Closet(s), High Ceilings Roof: Fiberglass, Flat Appliances: Oven, Electric Range, Electric Oven, Cooktop, Electric Water Heater, Washer, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s), ENERGY STAR Qualified Appliances, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2019 Building Area Total: 4568 Construction Materials: Brick, Concrete Patio And Porch Features: Patio Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 18.00 x 65.32 Lot Size Source: Estimated Lot Size Square Feet: 1176 Lot Description: Corner Lot

    Property Information

    Subdivision: FRANCISVILLE Source Property Type: Residential Income Postal Code Plus 4: 1609 Property SubType: Triplex Property Age: 7

  • Listing Price Information

    Listing Price: $1149000

  • Tax Information

    Parcel Number: 471011021 Tax Lot: 106 Tax Year: 2026 Annual Tax: $3122

  • Parking Information

    On Street

  • Location Information

    Direction: Gps WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1437 Parrish Street, Philadelphia, PA, 19130 $899,000 5 -- 2,600 2,600 SqFt
920 N 15th Street, Philadelphia, PA, 19130 $1,250,000 7 -- 5,000 5,000 SqFt
924 N 15th Street, Philadelphia, PA, 19130 $799,900 5 -- 2,469 2,469 SqFt
1509 Spring Garden Street, Philadelphia, PA, 19130 $674,900 4 -- 2,431 2,431 SqFt
1504 Brown Street, Philadelphia, PA, 19130 $725,000 -- -- 3,080 3,080 SqFt
719 N 16th Street, Philadelphia, PA, 19130 $1,895,000 8 -- --
1540 Ridge Avenue, Philadelphia, PA, 19130 $2,600,000 8 -- 10,500 10,500 SqFt
802 N 16th Street, Philadelphia, PA, 19130 $809,900 7 -- 2,637 2,637 SqFt
1605 Ridge Avenue, Philadelphia, PA, 19130 $2,100,000 9 -- 9,000 9,000 SqFt
1620 Mount Vernon Street, Philadelphia, PA, 19130 $869,000 3 -- 2,700 2,700 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 21:30

MLS: PAPH2605536 LISTED BY: Tykey Jackson, Philadelphia Realty Exchange 215-545-6111 SOURCE: Bright MLS

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