Residential Income Property with Private
For Sale
$363,000
1630 CAMBRIDGE STREET Unit A, Philadelphia, PA 19130
Three-bedroom condo offers flexible living areas, contemporary finishes, and outdoor space in a central Philadelphia setting.
Property Size1,600 SF
Days on Market86
Property Features for 1630 CAMBRIDGE STREET Unit A
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Francisville
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,410
Amenities
in-unit washer and dryer
smart security intercom system
built-in wireless speakers
private backyard
double vanity
dual waterfall showerheads
heated tile floors
Building Details
Building Size
1,600 SF
Year Built
2019
Listing Agency:
Howard Hanna Real Estate Services
Listed By:
Abigail Trimborn · License #RS328272
(215) 499-0887
Source:
Patmckennarealtors
Added: Aug 8
Changed: Oct 31
Last Checked: Oct 30 at 8:11PM
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 Howard Hanna Real Estate Services
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Investment Insights
Based on property information with market context.
Completed in 2019, this three-bedroom, three-bathroom condo combines an open main level with a lower-floor suite arrangement. The residence features high ceilings, wide-plank hardwood flooring, and a kitchen outfitted with white quartz counters, stainless steel appliances, extensive cabinetry, and substantial work space. A bedroom and full bath on the main floor support guest, office, or roommate use, while two additional bedroom suites occupy the lower level. The primary suite includes dual closets and a bathroom with a double vanity, two waterfall showerheads, and heated tile flooring. An oversized private backyard extends the living area outdoors. In-unit laundry, a smart security intercom, and built-in wireless speakers add practical features. The property is at 1630 Cambridge Street in Philadelphia’s Francisville area, with access to Center City, Broad Street, Fairmount, the Art Museum, Temple University, public transportation, retail, restaurants, grocery stores, and parks. The stated Walk Score is 89.
Key Highlights
- Three‑bedroom, three‑bathroom condo completed in 2019
- Oversized private backyard
- Main‑level bedroom and full bathroom, plus two lower‑level bedroom suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,167
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,340
$503.3K
Cap Rate 7%
$359,529
$359.5K
Cap Rate 9%
$279,633
$279.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$48.6K $30.36/SF
− Vacancy
−$2.8K −$1.76/SF
EGI
$45.8K $28.60/SF
− OpEx
−$20.6K −$12.87/SF
NOI
$25.2K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,340
Cap Rate 7%
$359,529
Cap Rate 9%
$279,633
Alternative Uses
Best Use
Apartment 5plus
$359.5K
$314.6K – $419.5K
NOI $25,167 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$390.1K
$341.3K – $455.1K
NOI $27,304 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,455
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condo offers flexible living areas, contemporary finishes, and outdoor space in a central Philadelphia setting.
Where is this residential income property located?
The property is located at 1630 CAMBRIDGE STREET Unit A Philadelphia, PA.
What is the asking price?
The asking price for this property is $363,000.
What are key features of this property?
This property features: Three‑bedroom, three‑bathroom condo completed in 2019; Oversized private backyard; Main‑level bedroom and full bathroom, plus two lower‑level bedroom suites
