$ 1,325,000
-
$1,325,000
Price -
7
Bed -
7
Bath -
4,568
SqFt
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About the Listing PHILEX - 3325981,3159013
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 Highlights
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
PAPH2605536
Year Built
2019
Total Square Footage
4,568
Lot/Acreage
0.03
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- 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
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft: 4568
- Below Ground Sq Ft: 0
- Basement: Daylight,Full,Fully Finished
- Other: 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 Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 65.32
- Zoning: RM1
- Roof: Fiberglass,Flat
- Others: Roof Deck,Sidewalks,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,122
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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1642 Cambridge St Philadelphia, PA 19130
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