Gated Multifamily with Rooftop
For Sale
Contact for pricing
1612 Cambridge St, Philadelphia, PA 19130
15-unit multifamily includes private gated parking and a skyline rooftop terrace.
Property SizeContact for details
Days on Market123
Property Features for 1612 Cambridge St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
The Oceanside Realty Team
Listed By:
PHL · License #Pennsylvania RS316262
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 8:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Oceanside Realty Team
Investment Insights
Based on property information with market context.
This new multifamily development is presented as a cash-flowing 15-unit apartment building with parking and a skyline rooftop terrace. The offering also describes five 2-bedroom, 1-bath condos and ten 2-bedroom, 2-bath condos within a 21-unit condominium property. Residences include detailed interior finishes such as quartz counters and backsplashes, GE Cafe appliance package, and in-unit washer-dryer, along with exposed ductwork, custom shower-glass enclosures, and matte black plumbing fixtures and hardware. Access is managed with e-locks, and an exterior security system is monitored.
Parking is provided via 1:1 private parking, described as a gated, private surface-level garage with easy in-and-out access for building and unit operations.
The remarks also note walkability to the Broad Street SEPTA subway (North Broad line) and proximity to downtown Philadelphia and the Fairmount, Brewerytown, and Spring Garden neighborhoods. Additional claims in the remarks include a 10-year tax abatement and an availability of 1031 exchange pro forma materials.
Parking is provided via 1:1 private parking, described as a gated, private surface-level garage with easy in-and-out access for building and unit operations.
The remarks also note walkability to the Broad Street SEPTA subway (North Broad line) and proximity to downtown Philadelphia and the Fairmount, Brewerytown, and Spring Garden neighborhoods. Additional claims in the remarks include a 10-year tax abatement and an availability of 1031 exchange pro forma materials.
Key Highlights
- 15‑unit multifamily property at 1612 Cambridge in Philadelphia’s Francisville section
- Unit mix includes five 2BD/1BA and ten 2BD/2BA condo‑style units
- Average rents are approximately $2,200 per month; average rent per SF is $2.14
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,855
Businesses Nearby
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Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 15-unit multifamily includes private gated parking and a skyline rooftop terrace.
Where is this apartment building located?
The property is located at 1612 Cambridge St Philadelphia, PA.
What are key features of this property?
This property features: 15‑unit multifamily property at 1612 Cambridge in Philadelphia’s Francisville section; Unit mix includes five 2BD/1BA and ten 2BD/2BA condo‑style units; Average rents are approximately $2,200 per month; average rent per SF is $2.14
