Do Real Estate on the Go!
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Do Real Estate on the Go!
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$219,900
3 Beds
1 Bath1 full bath
1,182sqft
4855 Ridge Ave, Philadelphia, PA 19129
$219,900
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Townhouse
Built in 1930
$-- HOA
978 sqft lot
$186/sq.ft
Description
Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent is
$ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd level features 3 bedrooms, an updated bath, and a covered deck backing to w...
- Houzeo last checked: 57 Minutes ago
- Listing updated: May 27, 2026 at 10:11 am
- Listing Provided by: Edward J. McDonald Jr. (215) 442-9388 | Re/Max One Realty (215) 953-8800
- Source: Bright MLS-NJ | MLS#: PAPH2580954
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
1,182 sqft
Lot Size
978 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2580954
MLS Status
ACTIVE-BRIGHT
Days on Market
110
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