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1918-20 E Cumberland St
For Sale $1,585,000
$1,585,000
- 8 Units
- Unknown Sq Ft
- 2,709 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,585,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 4 stories |
| Parking Spots | 0 spots |
| Year Built | 2019 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881426802 |
| MLS # | PAPH2581540 |
| Property ID | 293881427 |
| Lot Sqft | 2,709 |
| Zoning | RSA5 |
| Total Units | 8 |
| Days on Market | 1 |
| Original List Price | Unknown |
| Date Updated | February 13, 2026 |
| Date Created | February 12, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $142,800 | $0 |
| Operating Expenses | $ 38,184 |
| Net Income (Yr) | $ 104,616 |
| Cap Rate | 6.70% |
Listing Provided By
Jeanne A Whipple an agent of Elfant Wissahickon Realtors. Lic #RS275042
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Data last updated: February 13, 2026.
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Robert Crawford
REAL ESTATE AGENT