See Home Value
$2,943,952*
Commercial - Off Market

1716 CAMBRIDGE STREET

PHILADELPHIA, PA 19130
bedrooms
Studio
bathrooms
0 Bath
$1,755,000 - $2,145,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

1716 Cambridge St. is a 5 unit multi-family 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. The location cannot be beat! This property is located in a Federal Opportunity Zone, it is a great opportunity for an investor to take advantage of the tax incentives! 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!
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,590
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Sep 11, 2019 Sold to Ragini Paspanuri, Srikanth ... $469,900
Sold to Ragini Paspanuri, Srikanth ...
Jan 25, 2019 Listed $1,950,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$1,425,000 Nov 3, 2022
$1,425,000 Mar 22, 2023
-
House
3 Beds
4 Baths
3,000 ft²
$575/ft²
$1,725,000 May 20, 2015
$1,725,000 Jan 29, 2016
$550/mo
Townhouse
3 Beds
5 Baths
-
$1,810,000 Mar 9, 2020
$1,810,000 Jan 20, 2022
$132/mo
Townhouse
3 Beds
5 Baths
-
$1,799,000 Aug 18, 2020
$1,799,000 Apr 23, 2021
$132/mo
House
3 Beds
4 Baths
-
$1,837,500 Sep 12, 2016
$1,837,500 Jan 11, 2017
$1,400/mo
House
3 Beds
2 Baths
1,920 ft²
$1,021/ft²
$1,960,000 Apr 14, 2015
$1,960,000 Jun 30, 2015
$1,200/mo
Commercial
Loft
-
-
$1,950,000 May 5, 2023
-
$1,291/mo
Multifamily
Stu
-
-
$1,950,000 Oct 4, 2022
-
$3,779/mo
Multifamily
Stu
-
-
$1,790,000 Feb 23, 2023
-
$550/mo
Commercial
Loft
-
-
$2,000,000 Feb 10, 2023
-
$1,988/mo
Multifamily
Stu
-
-
$2,200,000 Feb 28, 2023
-
$1,263/mo
House
Stu
4 Baths
13,780 ft²
$145/ft²
$2,000,000 Feb 10, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230526 Unit 1
05/26/2023
1
3 Bed
3 Bath
1649 ft²
$405,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1649 ft²
-
-
-
Erica Deuschle
Keller Williams Main Line
20220405 Unit 1
04/05/2022
1
3 Bed
3 Bath
1649 ft²
$425,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1649 ft²
-
-
-
Jim Romano
Keller Williams Real Estate-Conshohocken
20210602 Unit 1
06/02/2021
1
3 Bed
3 Bath
1649 ft²
$439,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1649 ft²
-
-
-
Jim Romano
Keller Williams Real Estate-Conshohocken
20190625 Unit 1
06/25/2019
1
3 Bed
3 Bath
1723 ft²
$389,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1723 ft²
-
-
-
-
20190607 Unit 4
06/07/2019
4
3 Bed
3 Bath
1987 ft²
$505,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1987 ft²
-
-
-
-
20190422 Unit 5
04/22/2019
5
3 Bed
3 Bath
1764 ft²
$469,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1764 ft²
-
-
-
-
20190422 Unit 2
04/22/2019
2
3 Bed
3 Bath
1512 ft²
$359,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1512 ft²
-
-
-
-
20190125
01/25/2019
Studio
-
9400 ft²
$1,950,000
bedrooms
Studio
bathrooms
-
square feet
9400 ft²
$425,000 -78.21%
08/19/2019
James Romano

Building Info

1716 Cambridge Street 1716 Cambridge Street, Philadelphia, PA 19130
More about this Building
1716 Cambridge Street
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