Three-Bedroom Residential Income
For Sale
$399,900
1716 CAMBRIDGE STREET Unit 4, Philadelphia, PA 19130
Multi-level residence with updated finishes, two balconies, roof access, and three full bathrooms.
Property Size2,031 SF
Days on Market80
Property Features for 1716 CAMBRIDGE STREET Unit 4
General Information
Standard status
Active
Size
2,031 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Francisville
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$740
Building Details
Building Size
2,031 SF
Year Built
2019
Listing Agency:
Hampton Preferred Real Estate Inc
Listed By:
David G Teitelman · License #RM419948
(215) 357-3900
Source:
Patmckennarealtors
Added: Aug 14
Changed: Oct 31
Last Checked: Oct 30 at 8:05PM
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 Hampton Preferred Real Estate Inc
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Investment Insights
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Built in 2019, this multi-level residential income property offers three bedrooms and three full bathrooms across a thoughtfully arranged interior. The main level combines living, dining, and kitchen areas, with white shaker cabinetry, stainless steel appliances, quartz countertops, a ceramic tile backsplash, luxury plank flooring, and light gray interior paint. A balcony extends from the living room.
The upper levels add a wet bar, laundry closet, primary suite, and third bedroom with its own bathroom. The primary bathroom includes a soaking tub, glass-enclosed shower, and double vanity. A second balcony serves the primary bedroom, while the highest level provides roof access that can function as outdoor space.
The property is identified as eligible for the Freddie Mac First Look program through 09/13/2026.
The upper levels add a wet bar, laundry closet, primary suite, and third bedroom with its own bathroom. The primary bathroom includes a soaking tub, glass-enclosed shower, and double vanity. A second balcony serves the primary bedroom, while the highest level provides roof access that can function as outdoor space.
The property is identified as eligible for the Freddie Mac First Look program through 09/13/2026.
Key Highlights
- Three‑bedroom, three‑bathroom residential income property built in 2019
- Kitchen includes white shaker cabinets, stainless steel appliances, quartz counters, and ceramic tile backsplash
- Two balconies plus roof access that can serve as outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,947
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,940
$638.9K
Cap Rate 7%
$456,386
$456.4K
Cap Rate 9%
$354,967
$355.0K
Market Conditions
NOI Build-Up for 2,031 SF
Gross rent
$61.7K $30.36/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$58.1K $28.60/SF
− OpEx
−$26.1K −$12.87/SF
NOI
$31.9K $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%
$638,940
Cap Rate 7%
$456,386
Cap Rate 9%
$354,967
Alternative Uses
Best Use
Apartment 5plus
$456.4K
$399.3K – $532.5K
NOI $31,947 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$495.1K
$433.2K – $577.7K
NOI $34,659 @ 7.0% cap · market cap 8.67%
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
2,556
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 - Multi-level residence with updated finishes, two balconies, roof access, and three full bathrooms.
Where is this residential income property located?
The property is located at 1716 CAMBRIDGE STREET Unit 4 Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Three‑bedroom, three‑bathroom residential income property built in 2019; Kitchen includes white shaker cabinets, stainless steel appliances, quartz counters, and ceramic tile backsplash; Two balconies plus roof access that can serve as outdoor space
