$1,585,000

1918-20 E CUMBERLAND ST, Philadelphia, PA 19125

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

One strong cash flowing opportunity. 1918 E. Cumberland is an 8-Unit multifamily building well positioned in East Kensington. Ideal for 1031 exchange buyers or investors looking to expand an established portfolio. The crisp white brick and corrugated white-and-black metal façade strikes the right balance in a neighborhood defined by its blend of residential streets and light industrial character. Completed in 2018, this building is fully stabilized and 100% occupied at market rents, delivering documented income from day one. This is not a lease-up story. There is no vacancy narrative to underwrite and no pro forma guesswork — just proven performance and predictable cash flow of approximately $12,000 per month in gross income. The per-building unit mix includes four 3-bedroom, 3-bath units, two 2-bedroom, 2-bath units, and two 1-bedroom, 1-bath units. All residences feature in-unit washer/dryer, central air, and defined living/dining spaces — amenities that support strong tenant retention and long-term rent growth. Located steps from the Market-Frankford Line, Frankford Avenue, and the rapidly evolving Kensington Avenue corridor. All zoning, licenses, leases, and operating expenses are fully documented. Profit & Loss statements and supporting financials are available for qualified inquiries. Let Co-List Christian Fegel know what financial information your client needs, and we will promptly provide it. Consider bundling with its identical twin at 1917 E. Letterly (MLS # PAPH2583348) for a total of 16 units.

Listing Status:
Active
Data Last Updated:
March 24, 2026 at 2:20PM
Listing Office:
Elfant Wissahickon Realtors : 2158660050
Listing Agent:
Jeanne A Whipple : 2158660050
MLS ID:
PAPH2581540
  • Flooring: Hardwood
  • A/C: Central A/C
  • Heating: Forced AirElectric
  • Disability Feature: None
  • Roofing: Flat
  • General: MasonryVinyl Siding
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: RSA5881426802
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jeanne A Whipple , Elfant Wissahickon Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Henry A. Brown Elementary School

1946 E Sergeant St, Philadelphia, PA, 19125

Grades KG-8

0.09 miles away

H

Henry A. Brown Elementary School

1946 E Sergeant St, Philadelphia, PA, 19125

Grades KG-8

0.09 miles away

P

Penn Treaty High School

600 E Thompson St, Philadelphia, PA, 19125

Grades 6-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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