CHARIS REALTY GROUP

Contemporary

1824 RIDGE AVENUE

PHILADELPHIA, PA 19130

MLS#: PAPH2614322

$948,000

Status: Active
Listing number: PAPH2614322
Listing provided by: Keller Williams Realty
Listing agent phone: None
Last update: 21 days ago
On site: 5 months ago
Browse Properties
FRANCISVILLE - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

2019

Sq.Footage

5,100

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.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5100.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete

  • Parking

    On Street

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,844

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $948,000

  • Tax Amount

    $4,506

  • Sq. Footage

    5,100

  • Price/SqFt

    $185

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Tax Lot

    108

  • Water Source

    Public

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Listing Courtesy of Andrew F Cheng, Keller Williams Realty

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Agent Julie DeGiorgio

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Julie DeGiorgio

Call Julie today to schedule a private showing.

(240) 446-9060

julie@charisrealty.com


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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.

1824 RIDGE AVENUE

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