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Maya Felsenstein

maya@mayafelsensteingroup.com +1(561) 797-7899

Listed by Andrew Cheng • Keller Williams Realty

$ 948,000

Est. payment -/mo

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Price Dropped by $32K

1824 RIDGE AVE Philadelphia, PA 19130

5,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $185

Subdivision Francisville

MLS Listing ID PAPH2614322

Style Contemporary

Abv Grd Liv Area 5,100

Year Built 2019

Annual Tax Amount $4,506

Tax Year 2026

Lot Size 1,844 Sqft

Acres 0.04

Lot Dimensions 19.00 x 99.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Attention investors, 1824 Ridge avenue is a fully occupied, mixed-use investment property located along the highly trafficked Ridge avenue corridor in Philadelphia. This 6 years old asset consists of 4 total units, including 3 residential apartments all units are: 2 bedrooms and 2 full bath, hardwood floor throughout, Central HVAC, in unit washer/dryer. The top unit has private roof access for extra outdoor space while backyard can be use as community space to be share with unit 1 and unit 2. The ground-floor commercial space with finished basement, offering diversified income in a strong urban location. The building totals approximately 5,100 SF and is zone CMX 2.5, allowing for flexible commercial and mixed-use opportunities. With 100% occupancy, the property provides immediate cash flow and long-term upside through rental growth and value-add potential. Positioned in a rapidly developing area with excellent visibility, public transportation access, and proximity to Temple University, Center City and surrounding neighborhoods, this asset is well-suited for investors seeking stable income in a core Philadelphia market.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX2.5

Rooms

Basement Fully Finished, Heated

Interior

Hot Water Electric

Cooling Central A/C

Equipment Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer

Fireplace N

Window Features Casement,Energy Efficient

Appliance Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Exterior

Exterior Feature Roof, Deck(s)

Water Access N

Accessibility 32\"+ wide Doors

Porch Roof, Deck(s)

Garage N

Building

Foundation Block

Above Ground Finished SqFt 5100

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471270710

Ownership Fee Simple

SqFt Source 5100

Security Features Intercom,Electric Alarm

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Financing Cash,Conventional,Exchange,FHA

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Maya Felsenstein

REALTOR® | License ID: 1968412

+1(561) 797-7899 | maya@mayafelsensteingroup.com

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Maya Felsenstein

1824 RIDGE AVE Philadelphia, PA 19130

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1824 RIDGE AVE