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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 2017, 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.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/13/2026 |
|---|---|---|---|
| YEAR BUILT | 2019 | COMMUNITY | 19125 (19125) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|---|
| Elementary School | HENRY A. BROWN ACADEMICS PLUS SCHOOL |
| Jr. High School | HENRY A. BROWN ACADEMICS PLUS SCHOOL |
| High School | PENN TREATY |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19125 (19125) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric, Forced Air |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 36x75 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 4 |
| TAXES | 2099 |
| WATER | Public |
| ZONING | USE AS NINE (9) FAMILY HOUSE HOLD LIVING |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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