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Do Real Estate on the Go!
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$5,350,000
14 Beds
- -- Bath
16,250sqft
1723 Ridge Ave, Philadelphia, PA 19130
$5,350,000
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Multi Family
Built in 2022
$-- HOA
3,990 sqft lot
$329/sq.ft
Description
Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA with the benefit of a 10yr tax abatement (expiring 2032), minimal OPEX and ±15% rental upside based on market comps. These designer apartments are professionally built (2022 vintage) with an even mixture of seven (7) 1bd units and seven (7) 2bd units atop ground floor commercial space. Anchored on a highly visible block in Francisville (19130), this superior multifamily asset commands attention within the renter pool with its exquisite curb appeal a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
2022
HOA Fees
-
Finished Area
16,250 sqft
Lot Size
3,990 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2490130
MLS Status
ACTIVE-BRIGHT
Days on Market
185
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