Single Family or Condo Rehab in Fairmount

[Joseph Wright]

1932 Cambridge St.

Rare chance to flip or develop in Philly's high end Fairmount 

• 1400 Sq feet/ 3 story/ 5 bedrooms- 1.5 Bath
• 16 x 48.5 lot size 
• The property is zoned RM-1 so you have the option of a single family rehab or 2 condo units. 
  • The house currently has a 2 story addition off of the back, to bring the house up to 2000 sq ft I would consider making it a full 3 story addition to add space. 
  • Single family comps in the area started at 2000 sq feet range from $575k-$859k.
  • 2 bedroom condos in the immediate are range from $268-$368k
• Price $285k as assignment, closing 4/25.

• Call me 215-292-3376