Residential Income Property with Rooftop
New
For Sale
$449,900
1743 CAMBRIDGE STREET #B, Philadelphia, PA 19130
A bi-level layout combines three bedroom suites with private bathrooms and an in-unit washer and dryer.
Property Size1,822 SF
Price / SF$246.93
Days on Market5
Property Features for 1743 CAMBRIDGE STREET #B
General Information
Standard status
Active
Size
1,822 SF
Property subtype
Apartment
Site & Location
Neighborhood
Francisville
Public Transit
Yes
Units
Unit Mix
1 x 3BR/3BA
Multifamily Units
1
Amenities
private rooftop deck
in-unit washer and dryer
Building Details
Year Built
2013
Listing Agency:
Compass Pennsylvania, LLC
(267) 435-8015
Listed By:
Phanerrica Muhammad · License #RS292013
(215) 680-1151
Source:
Cummingsrealtors
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:35PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This 1,822-square-foot condominium, built in 2013, is arranged over two levels with three bedrooms and three full bathrooms. The main floor has an open living and dining area connected to the kitchen, while oversized windows bring natural light into the space. Each bedroom has an en-suite bathroom; the primary suite also includes a walk-in closet. A private rooftop deck provides outdoor space, and laundry is located in the unit.
The property is in Philadelphia’s Francisville neighborhood, near restaurants, cafes, shops, parks, and cultural attractions in Francisville and Fairmount. The Broad Street Line and SEPTA bus routes are accessible nearby, with Temple University and Center City also noted as nearby destinations.
The property is in Philadelphia’s Francisville neighborhood, near restaurants, cafes, shops, parks, and cultural attractions in Francisville and Fairmount. The Broad Street Line and SEPTA bus routes are accessible nearby, with Temple University and Center City also noted as nearby destinations.
Key Highlights
- 1,822‑square‑foot condominium built in 2013
- Three bedrooms, each with an en‑suite bathroom
- Private rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,659
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,180
$573.2K
Cap Rate 7%
$409,414
$409.4K
Cap Rate 9%
$318,433
$318.4K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$55.3K $30.36/SF
− Vacancy
−$3.2K −$1.76/SF
EGI
$52.1K $28.60/SF
− OpEx
−$23.4K −$12.87/SF
NOI
$28.7K $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%
$573,180
Cap Rate 7%
$409,414
Cap Rate 9%
$318,433
Alternative Uses
Best Use
Apartment 5plus
$409.4K
$358.2K – $477.7K
NOI $28,659 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$444.2K
$388.7K – $518.2K
NOI $31,092 @ 7.0% cap · market cap 6.91%
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 - A bi-level layout combines three bedroom suites with private bathrooms and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 1743 CAMBRIDGE STREET #B Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1,822‑square‑foot condominium built in 2013; Three bedrooms, each with an en‑suite bathroom; Private rooftop deck
