USAPAPhiladelphia1918-20 E Cumberland Street

1918-20 E Cumberland Street, Philadelphia, PA

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,585,000

0150

MLS® PAPH2581540

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $2,099

Days Active 0

Approx. Age 2019

MLS® Number PAPH2581540

Property Address: 1918-20 E Cumberland Street, Philadelphia, PA, 19125

Average square foot calculated using Size range provided by listing agent.

Description

Twin modern assets. One strategic opportunity. 1918 E. Cumberland and 1917 E. Letterly are two nearly identical 8-Unit multifamily buildings positioned back-to-back on a single long lot in East Kensington — available individually or together for investors seeking scale, stability, and architectural presence. The crisp white brick and corrugated white-and-black metal façade strikes the right balance in a neighborhood defined by its blend of residential streets and light industrial character. Completed in 2018, each building is fully stabilized and 100% occupied at market rents, delivering documented income from day one. This is not a lease-up story. There is no vacancy narrative to underwrite and no pro forma guesswork — just proven performance and predictable cash flow, ideal for 1031 exchange buyers or investors looking to expand an established portfolio. The buildings each generate approximately $12, 000 per month in gross income and have a consistent operating history since completion. The per-building unit mix includes four 3-bedroom, 3-bath units, two 2-bedroom, 2-bath units, and two 1-bedroom, 1-bath units. All residences feature in-unit washer/dryer, central air, and defined living/dining spaces — amenities that support strong tenant retention and long-term rent growth. Located steps from the Market-Frankford Line, Frankford Avenue, and the rapidly evolving Kensington Avenue corridor. All zoning, licenses, leases, and operating expenses are fully documented. Profit & Loss statements and supporting financials are available for qualified inquiries. Let Co-List Christian Fegel know what financial information your client needs, and we will promptly provide it.

MLS® NumberPAPH2581540

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2019

Stories4

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

8 Refrigerators, 8 Washers, 8 Dryers

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 13, 2026List Date

$1,585,000List Price

Commute

Commute

Starting Address

Destination Address

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