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    1730 Ridge Avenue

    PHILADELPHIA, PA 19130
    • $1,400,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: PAPH1005222
    UPDATED: 148 min ago
    $1,400,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2020
    County:

    School Ratings & Info

    Description

    Introducing 1730 Ridge Avenue. Fully occupied, Turn key, and income producing! A 5 unit plus bi-level commercial apartment building with 7 bedroom count. Featuring (2) Studio apartments (2) 1 bed 1 bat with loft Bi-level units (1) 1 bed 1 .5 baths. Every unit features luxury finishes and massive windows for ample lighting. This Brand new construction building was built to meet the needs of students and millennial flocking the area. With spacious living space and innovative design these units will be quickly occupied by tenants ! Constructed by a leading development company in the City. Being centrally located on the booming Ridge Avenue one can expect longterm returns with strong rental demand . This is a highly desirable area with an influx of new commercial construction, residential new construction and small business openings. Take full advantage of the 10 years left on the dissolving tax abatement . With a limited supply of RM1 multi unit homes, this is a great opportunity to own a mixed used commercial and 5 unit apartment building in this exploding market with healthy returns and vast appreciation. Short distance from broad street retailers, Fairmount Avenue restaurants, and mass transit.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
    www.locomusings.com/homes/116051604
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    1730 Ridge Avenue PHILADELPHIA, PA 19130

    • Price: $1,400,000
    • Status: Active
    • Updated: 148 min ago
    • ID#: PAPH1005222
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    2020
    Built
    Neighborhood:
    19130 (19130)
    County:
    Philadelphia
    Area:
    19130 (19130)
    School District:
    The School District Of Philadelphia
    Property Description
    Introducing 1730 Ridge Avenue. Fully occupied, Turn key, and income producing! A 5 unit plus bi-level commercial apartment building with 7 bedroom count. Featuring (2) Studio apartments (2) 1 bed 1 bat with loft Bi-level units (1) 1 bed 1 .5 baths. Every unit features luxury finishes and massive windows for ample lighting. This Brand new construction building was built to meet the needs of students and millennial flocking the area. With spacious living space and innovative design these units will be quickly occupied by tenants ! Constructed by a leading development company in the City. Being centrally located on the booming Ridge Avenue one can expect longterm returns with strong rental demand . This is a highly desirable area with an influx of new commercial construction, residential new construction and small business openings. Take full advantage of the 10 years left on the dissolving tax abatement . With a limited supply of RM1 multi unit homes, this is a great opportunity to own a mixed used commercial and 5 unit apartment building in this exploding market with healthy returns and vast appreciation. Short distance from broad street retailers, Fairmount Avenue restaurants, and mass transit.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types None Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 1362.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 7000.00

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Incorporated City Name Philadelphia Navigable Water YN N New Construction YN Yes Number Of Units Total 0 Original MLSNumber 304552106225 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1260.00 Tax Assessment Amount 90000.00 Tax Lot 71 Vacation Rental YN No Water Source Public Zoning Cmx2.

    Listing courtesy of Keller Williams Philly.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
     
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    LoCoMusings | Century 21 Redwood Realty
    540 Fort Evans Road Suite 303
    Leesburg VA, 20176