Seller's Agent in 2024
Ryan McManus
Keller Williams Liberty Place
(267) 838-5265
13 in this area
148 Total Sales
1710 Cambridge St Philadelphia, PA 19130
Fairmount Neighborhood
--
Bed
1
Bath
11,500
Sq Ft
3,023
Sq Ft Lot
Highlights
- 0.07 Acre Lot
- Engineered Wood Flooring
- Property is in excellent condition
- Contemporary Architecture
- Central Heating and Cooling System
About This Home
As of April 2024Welcome to 1710 Cambridge: a newly built, blue-chip real estate investment opportunity with assumable 3.7% agency debt (enquire within for details) through 2032. 1710 Cambridge is being offered substantially below replacement cost (land and construction costs) as an expertly designed new multifamily development in the Francisville section of Philadelphia, Pennsylvania developed by expert, industry-leading craftsmen and tradesmen. This cash-flowing, 8-unit apartment building with parking, skyline rooftop terrace and FULL 10 year tax abatement through 2029 is ideal for a 1031 exchange given the strong-growth rental submarket + asset appreciation forecast. Rental rates can likely increase by 10-15% once units turn over, with minimal capital expenditures needed. Furthermore, expenses can be trimmed by 10-15% with hands-on management —further boosting the return on investment for the property. This is a low maintenance, high growth asset. The Francisville location is coveted by renters and investors alike—walkable to Whole Foods, Septa train (Broad Street line) + Downtown Philly. 1710 Cambridge is surrounded by amenities, shops, bars, breweries, restaurants and cafes in adjacent neighborhoods (Fairmount, North Broad District, Brewerytown and Spring Garden). Enquire within for financials.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,384
Year Built
- Built in 2019
Lot Details
- 3,023 Sq Ft Lot
- Property is in excellent condition
Parking
- Driveway
Home Design
- Contemporary Architecture
- Fiberglass Roof
- Stick Built Home
Interior Spaces
- 11,500 Sq Ft Home
- Engineered Wood Flooring
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
- 4-Story Building
- Francisville Subdivision
Listing and Financial Details
- Assessor Parcel Number 881799919
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2024 04/04/24 | Sold | $2,534,000 | -2.5% | $220 / Sq Ft |
| 12/27/2023 12/27/23 | For Sale | $2,600,000 | +766.7% | $226 / Sq Ft |
| 06/12/2017 06/12/17 | Sold | $300,000 | 0.0% | $300 / Sq Ft |
| 05/11/2017 05/11/17 | Pending | -- | -- | -- |
| 01/25/2017 01/25/17 | For Sale | $299,999 | 0.0% | $300 / Sq Ft |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- |
| 01/15/2017 01/15/17 | Price Changed | $299,999 | 0.0% | $300 / Sq Ft |
| 01/15/2017 01/15/17 | For Sale | $299,999 | 0.0% | $300 / Sq Ft |
| 01/05/2017 01/05/17 | Off Market | $300,000 | -- | -- |
| 01/03/2017 01/03/17 | For Sale | $255,999 | -14.7% | $256 / Sq Ft |
| 01/02/2017 01/02/17 | Off Market | $300,000 | -- | -- |
| 12/27/2016 12/27/16 | For Sale | $255,999 | -- | $256 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ryan McManus
-
Neil Dessecker
Buyer's Agent in 2024
Neil Dessecker
RE/MAX
(215) 241-1156
6 in this area
57 Total Sales
-
Robert Sulecki
Seller's Agent in 2017
Robert Sulecki
Exceed Realty
(215) 603-1004
107 Total Sales
-
Amy Britt
Buyer's Agent in 2017
Amy Britt
Homestarr Realty
(215) 870-8105
45 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2308020
APN: 47-1-0112-10
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