1642 CAMBRIDGE STREET

PHILADELPHIA, PA 19130

1642 Cambridge Street presents a well-configured triplex offering flexible layouts and features that appeal to both tenants and investors. Unit A (Bi-level – 4 Bed, 3 Bath): This spacious unit features a split-level design with an open kitchen and living area. The main level includes two bedrooms and two full bathrooms. One bedroom is located off the kitchen with direct access to a private patio and its own full bathroom. The second bedroom is a sun-filled space with a walk-in closet. The lower level offers two additional full-size bedrooms with walk-in closets, a third full bathroom, and an in-unit washer and dryer. Unit B (2 Bed, 2 Bath): This unit features a kitchen and living room combination layout, creating an open and functional living space. Bedrooms are positioned on opposite ends for privacy, and each includes a walk-in closet and a full bathroom. The unit also includes an in-unit washer and dryer, along with large windows that provide strong natural light. Unit C (2 Bed, 2 Bath + Roof Deck Access): This unit offers a split-bedroom layout with one en-suite bathroom and a second Jack-and-Jill style bathroom. Tenants have access to a rooftop deck with city views. The property benefits from modern layouts, multiple en-suite bathrooms, in-unit laundry, and private outdoor space, all of which contribute to tenant demand. The corner location enhances natural light and overall presence, with convenient access to nearby amenities, public transportation, and local dining. The layout supports multiple rental strategies, including traditional leasing, roommate-style occupancy, or furnished rental use, depending on buyer preference. The high bedroom-to-bathroom ratio and multiple en-suite configurations further enhance flexibility and tenant appeal. The property is currently receiving a tax abatement, with approximately four years remaining. Buyer is responsible for confirming the abatement details and remaining term with the City of Philadelphia. This property presents an opportunity for investors seeking a multi-unit asset with strong rental potential and flexible living configurations. Disclaimer: Information is deemed reliable but not guaranteed. Buyer is responsible for verifying square footage, zoning, tax abatement details, and permitted use. Photos may include virtual staging for illustrative purposes.

Listing courtesy of Philadelphia Realty Exchange



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