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Street View
$1,149,000
Monthly Est:$5,719
-- Bed
-- Bath
4,568sqft
1642 Cambridge St, Philadelphia, PA 19130
$1,149,000
$5,719/moEst:
Get Pre-Approved
Townhouse
Built in 2019
$-- HOA
1,176 sqft lot
$252/sq.ft
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.
- Houzeo last checked: 6 minutes ago
- Listing updated: October 29, 2026 at 11:45 pm
- Listing Provided by: Tykey M Jackson (609) 600-4553 , Donna L Walker-Bey (267) 984-1121 | Philadelphia Realty Exchange (215) 545-6111
- Source: Bright MLS-NJ | MLS#: PAPH2682300
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
2019
HOA Fees
-
Finished Area
4,568 sqft
Lot Size
1,176 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2682300
MLS Status
ACTIVE-BRIGHT
Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Ceramic Tile, Hardwood
Appliances
Built In Microwave, Dishwasher, Disposal, Dryer Electric, Energy Efficient Appliances, Intercom, Microwave, Oven Self Cleaning, Oven/range Electric, Stainless Steel Appliances, Stove, Washer
Interior Features
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)
Sewer
Public Sewer
Window Features
Casement, Energy Efficient
Cooling
Central A/c
Heating
90% Forced Air
Exterior Features
Roof Deck, Sidewalks, Street Lights
Construction
Year Built
Year Built: 2019
Home type
Townhouse
Architectural Style
Contemporary
Construction Materials
Masonry, Advanced Framing, Brick, Concrete
Foundation Details
Concrete Perimeter
Property Condition
Excellent
Roof
Fiberglass, Flat
Utilities & Energy
Water Source
Public
Basement
Daylight, Full, Full, Fully Finished
Security Features
Intercom
Other Features
Lot Features
Corner
Patio And Porch Features
Patio, Roof
Subdivision Name
Francisville
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Off Market | $1,149,000 -13.28% $252/sqft |
04/08/2026 Source: | Listed for Sale | $1,325,000 +23.26% $290/sqft |
04/02/2020 Source: | Sold | $1,075,000 $235/sqft |
Francisville Ranks #29 in Philadelphia, PA
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Based on information from Bright MLS through Nov 04, 2026, 09:30AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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