1642 CAMBRIDGE ST, Philadelphia, PA 19130

• 4,568 sqft

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 Status:

Active

Data Last Updated:

May 2, 2026 at 8:16PM

Listing Office:

Philadelphia Realty Exchange : 2155456111

Listing Agent:

Tykey M Jackson : 6096004553

MLS ID:

PAPH2605536

Interior

• General: Combination Kitchen/LivingPrimary Bath(s)Sprinkler SystemRecessed LightingBathroom - Stall ShowerUpgraded CountertopsWood FloorsBathroom - Walk-In ShowerPantryWalk-in Closet(s)
• Appliances: Built-In MicrowaveDishwasherDisposalDryer - ElectricEnergy Efficient AppliancesIntercomMicrowaveOven - Self CleaningOven/Range - ElectricStainless Steel AppliancesStoveWasher
• Laundry: Dryer In UnitWasher In Unit
• Basement: DaylightFullFullFully finished
• Flooring: Ceramic tileHardwood
• A/C: Central A/C
• Heating: 90% Forced AirElectric
• Disability Feature: None

Exterior

• General: Roof DeckSidewalksStreet LightsAbove GradeBelow Grade
• Style: Contemporary
• Other Structures: RoofPatio

Construction

• Roofing: FiberglassFlat
• Windows: CasementEnergy efficient
• General: MasonryAdvanced FramingBrickConcreteConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1471011021
• View: City

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: All window coveringsincluding but not limited to curtainsdrapesrodshardwareshadesand blindsare excluded from the sale. Additionallyany personal property or belongings owned by current tenants are expressly excluded.