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FAIRMOUNT MULTIFAMILY 2007 Cambridge St 10 Unit Apartment Building $5,932,660 CAD ($593,266 CAD/Unit) 6% Cap Rate Philadelphia, PA 19130

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INVESTMENT HIGHLIGHTS

  • HIGH BARRIERS TO ENTRY SUBMARKET
  • TOP 10 USA MSA
  • FAIRMOUNT APARTMENT BUILDING
  • NEW CONSTRUCTION MULTIFAMILY
  • 10 YR TAX ABATEMENT
  • AMENITY/TRANSIT RICH LOCATION

EXECUTIVE SUMMARY

2007 Cambridge presents a turnkey real estate investment opportunity in a leading rental submarket (Fairmount) within a Top-10 USA MSA (Philadelphia, PA) as a fully-leased, newly constructed multifamily property with ten (10) well-appointed apartments. Each 2bd x 2ba residence features a slick and minimalist design package with ample square footage, washer/dryer in-unit, soft wood floors, central air and an abundance of natural light with floor-to-ceiling windows. Canno-designed curb appeal radiates from the curb-to-the-cornice with striking architectural detail — a proper, brick-clad apartment building — built to last. This ±12,800 SF boutique building is sited on a quiet street in the beloved Fairmount neighborhood where extremely high barriers-to-entry exists in terms of apartment building acquisition availability. 10 year tax abatement. Minimal OPEX. Enquire within for financials.

PROPERTY FACTS

Price $5,932,660 CAD
Price Per Unit $593,266 CAD
Sale Type Investment
Cap Rate 6%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.04 AC
Building Size 12,800 SF
Average Occupancy 100%
No. Stories 3
Year Built 2022
Opportunity Zone Yes
Zoning RM1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 10 - 1,080 - 1,130
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38250631

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 2007 Cambridge St, Philadelphia, PA 19130

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