1824 Ridge Ave

Philadelphia, PA 19130
  • $980,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 5,100

    SqFt

About the Listing KELWLM-M - 3263312

Attention investors, 1824 Ridge avenue is a fully occupied, mixed-use investment property located along the highly trafficked Ridge avenue corridor in Philadelphia. This 6 years old asset consists of 4 total units, including 3 residential apartments all units are: 2 bedrooms and 2 full bath, hardwood floor throughout, Central HVAC, in unit washer/dryer. The top unit has private roof access for extra outdoor space while backyard can be use as community space to be share with unit 1 and unit 2. The ground-floor commercial space with finished basement, offering diversified income in a strong urban location. The building totals approximately 5,100 SF and is zone CMX 2.5, allowing for flexible commercial and mixed-use opportunities. With 100% occupancy, the property provides immediate cash flow and long-term upside through rental growth and value-add potential. Positioned in a rapidly developing area with excellent visibility, public transportation access, and proximity to Temple University, Center City and surrounding neighborhoods, this asset is well-suited for investors seeking stable income in a core Philadelphia market.

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® PAPH2614322
Year Built 2019
Total Square Footage 5,100
Lot/Acreage 0.04

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Air Cond: Central A/C
  • Heating: 90% Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 5100
  • Below Ground Sq Ft: 0
  • Basement: Fully Finished,Heated
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 19.00 x 99.00
  • Zoning: CMX2.5
  • Roof:
  • Others: Excellent
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $4,506
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2026

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1824 Ridge Ave Philadelphia, PA 19130

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Originating MLS: BRIGHT_MAIN

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