$ 239,900
-
$239,900
Price -
3
Bed -
1
Bath -
1,182
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing RMEST-FE - 3142207
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 woods. Newer Heater, main sewer line and basement waterproofing system. Tenant is on month to month lease. Current Tenant interested in extending lease. Close commute to/from colleges/universities (Phila. Univ, Temple, PCOM, St. Joe's, Drexel, PENN, Wharton School of Business, Lasalle, Univ of the Sciences, Univ of the Arts, Moore College, Pierce College).
Listing Highlights
Status
Active
Days on Site
42
Property Type
Townhome
MLS ®
PAPH2580954
Year Built
1930
Total Square Footage
1,182
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
East Falls
Area
19129 (19129)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1182
- Below Ground Sq Ft: 0
- Basement: Sump Pump,Water Proofing System
- Other: Cats OK,Dogs OK,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof: Flat
- Others: Exterior Lighting,Flood Lights,Sidewalks,Average
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,293
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2021
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
4855 Ridge Ave Philadelphia, PA 19129
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
