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Philadelphia, PA 19121,2626-30 RIDGE AVE
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Philadelphia, PA 19121,2626-30 RIDGE AVE
Philadelphia, PA 19121,2626-30 RIDGE AVE
Philadelphia, PA 19121,2626-30 RIDGE AVE
Philadelphia, PA 19121,2626-30 RIDGE AVE
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Jessica Evans

Jessica Evans

+1(301) 832-5105
Listed by Stefan H Schecter • City & Suburban Real Estate
$ 1,500,000
Est. payment /mo
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Coming Soon

2626-30 RIDGE AVE Philadelphia, PA 19121

7,219 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 7,219 sqft

Price per Sqft $207

Subdivision Philadelphia (Northwest)

MLS Listing ID PAPH2525170

Year Built 1915

Available Date 2025-08-29

Annual Tax Amount $5,189

Tax Year 2023

Lot Size 3,597 Sqft

Acres 0.08

Lot Dimensions 32.00 x 63.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

A trio of buildings completely renovated in 2023, this package consists of three side-by-side property lots boasting 8 units in all, with 7 two-bedrooms and a studio apartment. It is presently 75% occupied and generating $9,134/month in rental income, with potential to bring in $13,000-$14,000/month when fully rented. True turnkey passive income, a wonderful addition to any rental portfolio. This is a unique investment in an area blossoming all around with new construction and condo developments, and great tenants in place. Modern finishes, sleek designs, custom built by Karbon Architects, a trio of 3-story buildings such as this is rarely offered.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM 1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871542230

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Jessica Evans

+1(301) 832-5105

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