Active

1604 Ridge Ave

Philadelphia PA, 19130

$1,100,000


$379.44 per sqft

Active

2 Beds

2,899 sqft

Multi-family

Built in 1920

Nestled in a prime location, 1604 Ridge Ave presents an unparalleled opportunity for savvy investors seeking substantial returns. This property boasts a diverse mix of commercial and residential spaces, ensuring a steady stream of income that promises to maximize your ROI. The possibility of owner occupancy for the commercial unit is also a consideration. All tenants will remain in place if buyer choices Whether through rebranding, or strategic leasing, there are numerous avenues to further capitalize on this property and unlock its full ROI potential. Upgrades and rehab through -out were done 2020/2021. Please see the P &L located in documents.

PAPH2368412

MLS ID

June 20, 2024

Listed

July 14, 2024

Updated

Map

1604 Ridge Ave
Philadelphia PA, 19130

Interior Features

Bedrooms

2


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.03 Acres


Architectual Style

Straight Thru


Sewer

Public Sewer

School Information

School District

PHILADELPHIA CITY

Other Property Details

Area Name

PHILADELPHIA


Taxes

$4,437


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No

Listed by Dawn Varallo, with BHHS Fox & Roach The Harper at Rittenhouse Square
Listing Contact: 8563817884 

The IDX display contains information sourced from the Bright MLS, Inc. as of 7/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 7/14/2024 at 7:18 AM UTC

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