1716 Cambridge St
PHILADELPHIA, PA 19130

Description

1716 Cambridge St. is a 5 unit multi-unit new construction building in red hot Francisville, scheduled to be completed by early summer 2019. Built by Grit Construction, one of the areas premier builders, the property will feature modern, high-end finishes and will have approximately 9400 square feet of residential living space. The estimated gross annual income is $143,400. Each unit is very spacious and will have 3 bedrooms and 3 full bathrooms. The two upper floor units will have roof top decks. All units will have separate utilities. All 5 units will have hardwood flooring, custom white cabinetry, custom tiled bathrooms, sprinkler systems, washer/dryer in unit, central air and heat, and stainless steel appliances. This property is located in a Federal Opportunity Zone, it is a great opportunity for an investor to take advantage of the tax incentives! The location cannot be beat! Walking distance to Center City and Fairmount! Also walkable to plenty of shopping, restaurants and nightlife! Easy access to all major area routes as well as bridges to New Jersey. 10 year tax abatement has been applied for as well! Schedule your walkthrough today!

Details

MLS#PAPH512776
Sub-TypeResale
StatusActive
Year2019
Days On Site58

Features

SQ Feet9,400
Units4

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19130
Area19130 (19130)
Listing VS Median (in 19130)
Price:
$1,950,000
low | high
Med:
$229,000
100% of Average
SqFt:
9,400
low | high
Med:
0
100% of Average
$ / SqFt:
$207
low | high
Med:
$0
100% of Average
On Site:
58
low | high
Med:
18
100% of Average
Listing Updated: 03/23/2019
MLS Number: PAPH512776
Listing Provided By:
James J Romano  of  Keller Williams Real Estate-Conshohocken