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$4,925,000
-- Bed
-- Bath
16,250sqft
1723 Ridge Ave, Philadelphia, PA 19130
$4,925,000
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Multi Family
Built in 2022
$-- HOA
3,990 sqft lot
$303/sq.ft
Description
Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026. 7% PRO FORMA CAP. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA for rent-growth with the benefit of a FULL 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—FULLY LEASED. Anchored on a highly visible block in Francisville (19130), th...
Continue Reading- Houzeo last checked: 33 minutes ago
- Listing updated: July 27, 2026 at 3:34 am
- Listing Provided by: Ryan J McManus (610) 606-1095 , Brandon Ribeiro (267) 945-8167 | Keller Williams Liberty Place (609) 399-5454
- Source: Bright MLS-NJ | MLS#: PAPH2490130
Property 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
419
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
